Fire reported at Petrobras refinery

A fire has broken out at a Petrobras (PBR) refinery in Duque de Caxias.

The incident occurred Saturday evening in the facility's coke unit — no injuries were reported.

The WSJ notes that the company "has pushed the limits of its crude-oil processing capacity to 98%—practically unheard of in an industry that normally operates at 85% capacity—to meet local demand for gasoline, diesel and other fuels."

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