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[BUSINESS] · Brazil · 100 sources

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Brazil extends diesel subsidy and fines distributors for price abuse

The Brazilian Ministry of Finance has officially extended the diesel subsidy of R$ 2.12 per liter through Ordinance No. 2,946. This measure aims to maintain price stability and mitigate the impact of international oil market volatility on domestic logistics and transport costs.

Simultaneously, regulatory authorities are cracking down on fuel pricing irregularities. The National Agency of Petroleum, Natural Gas and Biofuels (ANP) has applied over R$ 700 million in fines across ten administrative processes against nine distributors for abusive price increases.

In coordination with these actions, the National Consumer Secretariat (Senacon) has launched an operation to investigate potential profit margin abuses at gas stations following hundreds of complaints. Senacon has opened 70 administrative sanctioning processes to ensure compliance with consumer protection laws.

Entities

ANP · ANTT · Agência Nacional do Petróleo, Gás Natural e Biocombustíveis · Brazil · Brazilian federal government · Bruno Moretti · Luiz Inácio Lula da Silva · Ministry of Finance · Ministry of Planning and Budget · National Agency of Petroleum, Natural Gas and Biofuels · Petrobras · Secretaria Nacional do Consumidor

Claims

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Sources

4 days ago
Açoriano Oriental [www.acorianooriental.pt]
3 days ago