🔋 Peak fuel is coming

Two of Brazil's largest investment houses now agree that the country's gasoline and ethanol consumption is heading for a decline. Their only real disagreement is over the calendar. 

Citi's analysts see demand for Otto-cycle fuels — the industry's name for the gasoline and ethanol that feed Brazil's flex-fuel cars — peaking this year in its base scenario. Bradesco BBI projects that…

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