Home Trading ETFsStock Market Brazil’s Petrobras to postpone price hike until after tax cut vote -sources By Reuters

Brazil’s Petrobras to postpone price hike until after tax cut vote -sources By Reuters

by Reuters
© Reuters. FILE PHOTO: A logo of Brazil’s state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo

RIO DE JANEIRO (Reuters) – Brazilian state-run oil company Petrobras will avoid raising fuel prices until after Congress finishes debating further tax cuts, two sources close to the matter told Reuters on Tuesday.

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