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Government extends until 9 December degeneration of gasoline and ethanol

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 10/11/2026, 14:24:24 UTC.

Briefings

The Brazilian government extended fuel subsidy reductions through December 9, 2026, citing international oil price spikes from the Middle East conflict. Key measures include zeroing PIS/Pasep and Cofin contributions for gasoline and ethanol, plus a R$0.428 per liter subsidy for ethanol. The Ministry of Finance estimated fiscal impacts of R$2.76 billion for gasoline and R$813.41 million for ethanol over 30 days, to be offset by petroleum revenues. The decree was published in the Diário Oficial da União.

Key points

• The Brazilian government extended fuel subsidy reductions through December 9, 2026, citing international oil price spikes from the Middle East conflict.
• Zeroing PIS/Pasep and Cofin contributions for gasoline and ethanol, plus a R$0.428 per liter subsidy for ethanol, were maintained until December 9, 2026.

Context

Brazilian fuel subsidies were extended through December 9, 2026, to mitigate inflationary pressure from rising international oil prices due to the Middle East conflict. The decree was published in the Diário Oficial da União, and the Ministry of Finance estimated fiscal impacts of R$2.76 billion for gasoline and R$813.41 million for ethanol over 30 days, to be offset by petroleum revenues.

Limitations

Fiscal impact estimates are limited to the 30-day period following the decree. The decree is subject to renewal by the Ministry of Fazenda, and specific exemptions for aviation gasoline were not detailed in the provided evidence.

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