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Home Pocket relief: Petrobras cuts gasoline and diesel prices today

Pocket relief: Petrobras cuts gasoline and diesel prices today

9 July 2019 to 01: 00
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Gasoline and diesel prices will be reduced at Petrobras refineries starting today, July 09th. The average price of gasoline will fall 4,4%, while the average cost of diesel will fall 3,8%.

The reduction in the average price of a liter of gasoline will be R$ 0,0778 (4,4%) and a liter of diesel of R$ 0,0825 (3,8%). The information is on the Petrobras website. It remains to be seen what value the stations will pass on to the consumer in the final fuel price. With the fall, the average price of a liter of gasoline in refineries will rise to R$ 1,6817. Already the average value of diesel will pass to R$ 2,0649 per liter.

The most recent diesel price adjustment took place on July 1st, when it was increased by 3,92%, while that of gasoline took place on June 11th. Since the adoption of a new format in the price adjustment policy in 2017, gasoline has accumulated a 28,54% increase in price at refineries. Diesel accumulates an increase of 52,20%.

Price variation

Prices vary according to each refinery of the state-owned company, in the different Brazilian states. The lowest prices for gasoline are practiced in São Luís (MA), R$ 1,59; Itacoatiara (AM), BRL 1,62; and Manaus (AM), R$ 1,66. The highest prices for gasoline are at refineries in Brasília, R$ 1,89; Senador Canedo (GO), R$1,88; and Uberaba (MG), R$ 1,87.

The lowest prices for diesel S500, most sold on the roads, are in Itacoatiara (AM), R$ 2,02; Guamaré (RN), R$ 2,04; and Manaus (AM), R$ 2,05. The highest values ​​are those practiced in Senador Canedo (GO), R$ 2,25; Brasília, R$2,25; and Uberaba (MG), R$ 2,25.

According to the state-owned company “the prices for gasoline and diesel sold to distributors are based on the import parity price, formed by the international quotations of these products plus the costs that importers would have, such as transport and port fees”.

Gasoline and diesel sold to distributors are different from products at the gas station. They are type A fuels, that is, gasoline before its combination with ethanol and diesel also without the addition of biodiesel. The products sold at pumps to the final consumer are formed from type A mixed with biofuels. The prices published by the state-owned company refer to type A products.

On these values, the profit margin of distributors and gas stations, taxes, which vary from one state to another, the cost of labor, among other variables, will affect.

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