# Tag: refining

- [Petrobras Diesel Discount Hits 30% as Global Prices Surge](https://brazilstockguide.com/insights/petrobras-diesel-discount-30-percent/) (2026-03-05): Petrobras diesel discount reaches widest gap since 2022, raising questions about domestic supply and pricing policy.
- [Petrobras Signs $17.8bn Long-Term Supply Deals With Braskem Through 2036](https://brazilstockguide.com/insights/petrobras-braskem-17-8bn-long-term-supply-deals-2036/) (2025-12-18): Agreements renew core feedstock supplies and are signed amid Novonor’s sale of control in Braskem to IG4 Capital, which represents creditor banks.
- [Brazil Sees Lower Dependence on Imported Fuels by 2035 After Lula Maintains Oil Pricing Rules](https://brazilstockguide.com/insights/brazil-sees-lower-dependence-on-imported-fuels-by-2035-after-lula-maintains-oil-pricing-rules/) (2025-11-28): New EPE study signals capacity gains in refining and falling reliance on foreign derivatives as government sides with Petrobras and upstream producers.
- [Crude Choices: Upstream vs Downstream](https://brazilstockguide.com/behind-the-lines/brazil-upstream-vs-downstream-oil-policy-prp-lula-decision/) (2025-11-13): Lula’s decision will show whether Brazil stays a crude exporter — or starts keeping the value at home.