Brazil Said to Delay Petrobas Fuel Relief

The video discusses the regulation of gas prices in Brazil, highlighting a 22% drop in crude prices aligning with Brazil's subsidized rates. It also covers Mexico's energy reform, where Pemex's CEO Emilio Lozoya emphasizes the importance of oil prices but stresses that short-term fluctuations won't affect long-term decisions. The reform aims to strengthen Pemex's finances with a lower tax rate starting in 2015.

What has caused international benchmarks to align more closely with Brazil's subsidized prices?

• A rise in global demand for oil

• A new government policy

• An increase in gas production

• A 22% drop in crude oil prices

Why is the Mexican government not reintroducing a gasoline tax currently?

• To encourage foreign investment

• To align with international standards

• Because of increased oil production

• Due to a decrease in oil prices

What is Mexico preparing to do with its energy industry?

• Nationalize it completely

• Reduce its workforce

• Open it to foreign investment

• Increase domestic production

According to Emilio Lozoya, what will not affect Mexico's long-term decisions in the energy sector?

• Domestic political changes

• Short-term oil price fluctuations

• Technological advancements

• International trade agreements

What financial change is expected for Pemex starting in 2015?

• An increase in oil production

• A lower tax rate

• A new subsidy program

• A rise in gasoline prices