EnergyHighConfirmed
8.1
Brazil cuts gasoline taxes, creates diesel subsidy to curb fuel prices
InfoMoney·BR·2 days ago
Brent crude above $100 boosts Ecopetrol's revenues and fiscal receipts, but raises the cost of fuel subsidies, pressuring Colombia's fiscal balance. The net effect depends on the government's ability to adjust domestic fuel prices or subsidy mechanisms, which remains politically sensitive.