A partir de amanhã Petrobras fará reajuste de 12 por cento na gasolina

Starting Tomorrow, Petrobras Will Increase Gasoline Prices by 12 Percent

Written by Flavia Marinho

Published on 06/05/2020 at 14:47

Updated on 06/05/2020 at 14:48

A partir de amanhã Petrobras fará reajuste de 12 por cento na gasolina

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According to Petrobras, there will be no adjustments for diesel. This is the first increase of the derivative at refineries since February

Amidst the pandemic, oil has reacted strongly in recent days and Petrobras decided to increase by 12 percent on average, the price of gasoline at refineries starting tomorrow, the Valor Invest reported on this day, May 6. Petrobras resorts to third parties to store excess fuel

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According to Petrobras, there will be no adjustments for diesel. According to a source to Valor Investe, the increase for gasoline will be R$ 0.1097 per liter. This is the first increase of the derivative at refineries since February.

ARTICLE CONTINUES BELOW

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The news of the reopening of some important economies around the world increases the consumption outlook, which, along with production cuts made by some countries, raises the prices of black gold in the international market. There have already been five consecutive sessions of rising oil prices, and the appreciation continues this Wednesday (06).

According to Bruno Madruga, partner at Monte Bravo Investimentos, during the current streak of gains, the prices of Brent, a reference in Europe and Asia, have already appreciated by about 55%. The WTI oil from New York has risen by 99%.

It is worth noting that not long ago, the May contracts had closed in the negative, meaning producers were paying to remove the oil, which is expensive to store.

After several consecutive reductions in the prices of diesel and regular gasoline at refineries, Petrobras has room to increase prices.

However, Petrobras has been cautious with the pass-through, as fluctuations have been even more extreme during the pandemic. Moreover, it takes some time for the price of oil to reach cost.

Starting Tomorrow, Petrobras Will Increase Gasoline Prices by 12 Percent

According to Petrobras, there will be no adjustments for diesel. This is the first increase of the derivative at refineries since February

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Starting Tomorrow, Petrobras Will Increase Gasoline Prices by 12 Percent

According to Petrobras, there will be no adjustments for diesel. This is the first increase of the derivative at refineries since February

Read Also

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