Petrobras should sell fuel directly to large consumers, says Lula

FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro
FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
Source: REUTERS

Brazil's state-run oil firm Petrobras should consider selling fuel directly to large consumers in order to reduce prices at the pump, President Luiz Inacio Lula da Silva said on Monday, without giving further details on his suggestion.

"The people are being robbed by intermediaries," Lula said as he criticized the 2019 privatization of former state-run BR Distribuidora, now Vibra, the country's leading fuel distributer.

This article was produced by Reuters news agency. It has not been edited by Global South World.

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