March 08, 2023 17:03 GMT
Brazilian Temporary Tax to Impact Crude Exports: Petrobras CEO
Petrobras may export less crude after the Brazilian government announced a 9.2% tax on oil exports last week.
- The company has no plans to file an injunction to stop the temporary tax, which is in effect from Feb. 28 through June 30.
- Petrobras’ CEO does not expect the tax to extend past 4 months.