Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Petrobras Denies Folha Report It’s Planning to Raise Fuel Prices

Jan. 15 (Bloomberg) -- Petroleo Brasileiro SA, the most indebted publicly traded oil company, denied a newspaper report that it’s planning to raise gasoline and diesel prices.

Folha de S.Paulo newspaper reported that the state-owned oil company may increase fuel prices before June to avoid contributing to inflation during President Dilma Rousseff’s re-election campaign, without revealing sources.

“Regarding the news report published today, Petrobras reaffirms that there is no decision for the gasoline and diesel price increase,” the Rio de Janeiro-based company said in an e-mailed statement.

The Folha report is “baseless” and the government hasn’t discussed such a price increase, Brazil’s Energy Ministry said in an e-mailed statement today.

Petrobras rose 2.2 percent to 16.04 reais at the close in Sao Paulo.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at

To contact the editor responsible for this story: James Attwood at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.