Petrobras Board Approves Diesel Subsidy Program

Questions about this coverage

How did the left and right cover Petrobras Board Approves Diesel Subsidy Program?

Of the 6 outlets on this story carrying a published leaning rating, 0% are rated left, 67% are rated centre, 33% are rated right. Those percentages are shares of the rated outlets, not of every outlet that ran it, which was 15. The sections above set out what each side emphasised, in its own terms.

Is Petrobras Board Approves Diesel Subsidy Program left or right?

Too few of the outlets on this story carry a published leaning rating to say. 6 of them do, and this site does not characterise a field under 12: at that size one newsroom filing moves the share by ten points. The percentages above are the count as it stands.

Is the coverage of Petrobras Board Approves Diesel Subsidy Program biased?

Petrobras Board Approves Diesel Subsidy Program is one event reported by 15 outlets, and this page does not rate the story as biased or unbiased. What it publishes is the spread: which outlets ran it, where named rating organisations place each of them on the spectrum, and what each side chose to lead with. A leaning rating describes an outlet's record over time, not this article, and the two should not be run together.

Which side is not reporting Petrobras Board Approves Diesel Subsidy Program?

When we first saw this story, outlets rated left had barely covered it. Coverage accretes for hours after an event, so that is where to look rather than a verdict — the split above is the current count, and it is the one to read.

Which outlets covered Petrobras Board Approves Diesel Subsidy Program?

15 that we know of, every one of them listed further up this page with a link to its own report and to what we hold on the publisher. Nothing here is a summary of somebody else's summary: the outlets are named so the original reporting can be read.

What has Petrobras' board approved?

Petrobras' Board of Directors has approved the company's accession to an economic subsidy program for diesel producers and importers. This means the company will participate in a government initiative to subsidise diesel fuel.

How much is the diesel subsidy?

The subsidy is valued at R$1 per litre of diesel oil 'A' intended for road use. This amount will be provided to producers and importers as part of the government's program.

How long will the subsidy last?

The subsidy is initially set to last for 30 days. However, there is a provision for this period to be extended for another 30 days, potentially doubling the duration of the support.

Does this subsidy affect existing ones?

Yes, the new subsidy works cumulatively with an existing subsidy of R$1.12 per litre. This means that the total subsidy amount per litre of diesel oil will be higher than either subsidy alone.