Ethanol Sales Soar in Brazil, and Russia's Ukraine Attack May Further Trend.

Higher oil prices coupled with a weakening Brazilian real may lead state-owned Petrobras to raise domestic gasoline prices. (Bloomberg) -- Ethanol sales are soaring in Brazil as drivers turn to biofuel, a trend that may be strengthened by Russia's invasion of Ukraine as the conflict is likely to drive gasoline prices higher. [Extracted from the article]