Bolsonaro's decision surprised the president of Petrobras before his trip.
Yesterday, Petrobras announced a 5,7% increase in the price of diesel, which was to take effect this Friday, but the increase was suspended by Bolsonaro, fearing a new truckers' strike; representatives of the company's board expressed concern about government intervention in the company's pricing policy.
247 - The decision to suspend the diesel price adjustment, made by President Jair Bolsonaro (PSL), caught Petrobras President Roberto Castello Branco by surprise before he was due to leave for abroad. He was on his way to Chicago, along with a large part of the government's economic team, where he will be participating in an economic event until Monday.
Yesterday, Petrobras announced a 5,7% increase in the price of diesel, which was to take effect this Friday, but the increase was suspended by Bolsonaro, fearing a new truckers' strike.
The company's management reportedly held an emergency teleconference with its board members to clarify the events of the previous night, and board representatives expressed concern about government intervention in the company's pricing policy.
"It was all a mess. The government has been in power for three months and is already kneeling before the truckers. And this could open the door for other sectors. Apparently, the government is held hostage by the truckers. I hope this episode was an isolated incident. It's different from the period of President Dilma Rousseff, when the focus of price controls was on gasoline and bottled gas due to inflation," said Adriano Pires, founding partner and director of the Brazilian Infrastructure Center (CBIE).