Petrobras to raise Brazil wholesale diesel price 14.3%, gasoline 5.2%

Petrobras will raise wholesale diesel and gasoline prices, effective June 18, in the latest increase under the company’s controversial import-parity pricing policy and the first adjustment since Brazil’s Congress passed several measures aimed at reducing fuel taxes and containing soaring inflation, the company said June 17. Diesel prices will increase 14.3% to $1.098/liter, Petrobras said. That was the first diesel…