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HomeOil and GasPetrobras Cuts Brazil Natural Gas Prices by 14% Starting August

Petrobras Cuts Brazil Natural Gas Prices by 14% Starting August

Petrobras will reduce Brazil’s natural gas prices by 14% starting August 1, citing lower oil prices and a stronger real. The cut marks a 32% decline since late 2022 as the state-run company adjusts prices quarterly.
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