Brazil's Ministry of Development, Industry, Trade and Services issued a conference resolution on the 9th showing that the Executive Management Committee of the Brazilian Chamber of Foreign Trade decided to extend the measure of imposing a 12% export tax on crude oil exports for 60 days. The relevant resolution took effect on July 10.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.