Brazil Extends Its Gasoline Subsidy as Oil Tops US$100
Business Brazil Brazil Extends Its Gasoline Subsidy as Oil Tops US$100 By Matias Sebastian Lopez · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America. The Finance Ministry extended the R$0.44 (US$0.09) per liter gasoline subsidy for 30 days from July 26. —The reason. To cushion Brazilian drivers from a jump in oil prices after Brent crude topped US$100. —The history.
- ▪Business Brazil Brazil Extends Its Gasoline Subsidy as Oil Tops US$100 By Matias Sebastian Lopez · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America.
- ▪The Finance Ministry extended the R$0.44 (US$0.09) per liter gasoline subsidy for 30 days from July 26. —The reason.
- ▪To cushion Brazilian drivers from a jump in oil prices after Brent crude topped US$100. —The history.
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Business Brazil Brazil Extends Its Gasoline Subsidy as Oil Tops US$100 By Matias Sebastian Lopez · July 24, 2026 · 3 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Business Key Facts —The extension. The Finance Ministry extended the R$0.44 (US$0.09) per liter gasoline subsidy for 30 days from July 26. —The reason. To cushion Brazilian drivers from a jump in oil prices after Brent crude topped US$100. —The history. The subsidy had been in place since May 25 and was due to expire on July 25. —The diesel side. A separate R$1.12 (US$0.22) per liter diesel subsidy stays in place until September 16. —The signer. Finance Minister Dario Durigan signed the extension.
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