Petrobras mulls scrapping daily gasoline price changes

The new management of Brazilian state-led oil company Petroleo Brasileiro SA, headed by interim Chief Executive Officer Ivan Monteiro, has agreed to discuss ditching daily gasoline price changes, a newspaper reported on Monday.

The company has imposed two conditions: that Petrobras’ prices stay in the range of international prices and that the company be protected against imports when its prices are artificially lower than foreign competitors, paper Valor Economico said, citing government sources.

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