Lula Advocates for Petrobras to Sell Fuel Directly to Large Consumers

In Angra dos Reis, Brazil, on February 17, President Luiz Inacio Lula da Silva suggested that Brazil's state-run oil firm, Petrobras, should explore selling fuel directly to major consumers to lower pump prices. Lula pointed out the role of intermediaries in increasing costs, particularly criticizing the recent rebranding of the former state-run BR Distribuidora to Vibra, the nation's primary fuel distributor.