Petrobras is under pressure to increase the price of gasoline to ensure that the market continues to be supplied on an economic basis and without risk of shortages
Petrobras informed, on the afternoon of January 11th, that although the company has reduced gasoline prices and maintained diesel prices since 26/10/2021, as of tomorrow, 12/01/2022, the state-owned company will new adjustment in its sales prices for these fuels to distributors. The announcement comes after 77 days of no raises.
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Prices charged by Petrobras for gasoline were reduced by R$ 0,10 liter on 15/12/2021, and remained stable for diesel. But everything that's good lasts a short time and, as of tomorrow, 12/01, the average sale price of gasoline from the state-owned company to distributors will go from R$ 3,09 to R$ 3,24 per liter.
The company informs that the consumer price will increase to R$ 2,37 for each liter sold at the gasoline pump sold at the stations, a variation of R$ 0,11 per liter. Considering the mandatory blend of 27% anhydrous ethanol and 73% A gasoline for the composition of gasoline sold at service stations, Petrobras' share in the consumer price will increase from R$ 2,26, on average, to R$ 2,37 for each liter sold at the pump, a variation of R$ 0,11 per liter.
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For diesel, Petrobras' average selling price to distributors will rise from R$3,34 to R$3,61 per liter. Considering the mandatory blend of 10% biodiesel and 90% diesel A for the composition of diesel sold at service stations, Petrobras' share in the consumer price will increase from R$ 3,01, on average, to R$ 3,25 per every liter sold at the pump. A variation of R$ 0,24 per liter.
These adjustments are important to ensure that the market continues to be supplied on an economic basis and without risk of shortages by the different actors responsible for serving the different Brazilian regions: distributors, importers and other producers, in addition to Petrobras.
How fuels are produced
The fuels we use every day are the end product of a long production chain, which depends on the unique technical capacity of our professionals and the use of the latest technologies, such as artificial intelligence, drones and unmanned submarines.
Oil extraction takes place in deep waters, up to 7 meters deep. On the seabed, subsea wells and equipment bring oil to the surface. On the platforms, industrial plants operate 24 hours a day to separate the oil and send it to the coast, covering distances that exceed 300 kilometers from the mainland.
When arriving at the refineries, the oil goes through a series of chemical and physical processes. The heavy molecules are purified and broken into smaller parts, giving rise to various products, such as gasoline, diesel oil and liquefied petroleum gas. Fuels are then sold to distributors, who will resell them to consumers at distribution stations.
Now that you already know the path taken to turn oil into fuel, see below for more information on the price of these products.
Petrol
Fuel distributors buy type “A” gasoline at refineries. In compliance with Brazilian legislation, gasoline sold at gas stations must be mixed with Anhydrous Ethanol. In this way, the price that the consumer pays includes Petrobras' realization price, the cost of ethanol (which is freely defined by its producers) and the costs and marketing margins of distributors and retail stations, as well as all the taxes due.
The chart below details the five components of the gas price charged at the pump:
The chart below details the components of the gasoline price charged at the pump in all states where Petrobras sells gasoline to distributors:
Diesel
Fuel distributors purchase type “A” diesel from refineries. In compliance with Brazilian legislation, automotive diesel sold in Brazil must be mixed with biodiesel, a renewable fuel produced from vegetable oils or animal fats, forming diesel oil “B”, which is resold at gas stations. Therefore, in addition to taxes and the Petrobras share, the price that consumers pay at the service station also includes the cost of acquiring biodiesel and the costs and marketing margins of distributors and resellers.
The chart below details the five components of the diesel price charged at the pump:
The chart below details the components of the diesel price charged at the pump in all the states in which Petrobras sells to distributors:
See here the history of diesel sales prices to distributors in cash, without taxes, by place and type of sale. Diesel S10 and S500 e other Diesel