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After the price of gasoline reached almost R$ 10,00 at the pumps, the reduction in the ICMS rate comes to ease the consumer's pocket and Petrobras retreats 19,68%; ethanol also plummets and is 13,39% cheaper for drivers

Written by Flavia Marinho
Published 24/07/2022 às 14:38
gasoline - ethanol - fuel - price - diesel - CNG- petroleum - refining - ICMS
Attendant at a Petrobras gas station – CorreioBraziliense image

Gasoline price closes the first half of July at R$ 6,13. Ethanol also plummets and closes the period with an average of R$4,28.

After reckless increases in fuel prices practiced by Petrobras, the average price of a liter of gasoline sold at filling stations in Brazil ended the first half of July at R$6,79, 10,22% cheaper compared to the end of June. Also falling, the price of ethanol fell 6,33% compared to the previous month, and closed the period at R$ 5,62, according to data from the Ticket Log Price Index (IPTL).

“After the reduction of the ICMS rate, there was a significant decrease in the price of these fuels, compared to last month. Not only did we see a reduction in the national average, but also at gas stations in all Brazilian regions, such as the Federal District, where gasoline was 19,68% cheaper for drivers; and in Rio de Janeiro, where the drop reached 13,39% for ethanol, according to the IPTL”, highlights Douglas Pina, General Director of Mainstream of the Fleet and Mobility Division of Edenred Brasil.

São Paulo remains in the leadership of the cheapest gasoline in Brazil

In the regional cut, gasoline with the lowest value was found at R$ 6,30 at the filling stations in the South, with a 12,38% drop in price. The highest average was registered in the Northeast, with the value of R$ 7,10 and a decrease of 7,92% in the price.

The Northeast also had the highest average for ethanol. The price of fuel ended the period at R$ 6,00 at stations in the Northeast, down 3,54%. The cheapest ethanol was recorded in the Midwest, at R$ 4,85, with a reduction of 10,68%, the most expressive among the other regions.

In the highlights by State, São Paulo continues to lead the cheapest gasoline in the country, sold at R$ 6,13, with a reduction of 12,34%. The highest average for this fuel was recorded in Piauí, at R$ 7,41, even though it was 8,17% cheaper.

Ethanol with the lowest average value in all of Brazil reaches R$ 4,28 at the pumps

Ethanol with the lowest average price in all of Brazil was also found at gas stations in São Paulo, at R$4,28 and a reduction of 8,24% in price. Pará sold this fuel at the highest average price in the country, at R$6,65, down 2,28% from June. “At the end of the first fortnight, among all states, ethanol was the most advantageous option for fueling only drivers in São Paulo, Minas Gerais, Mato Grosso and Goiás”, concludes Pina.

The IPTL is a fuel price index based on fueling carried out at the 21 accredited Ticket Log stations, which is highly reliable due to the number of vehicles managed by the brand: 1 million in all, with an average of eight transactions per second. Ticket Log, Edenred Brasil's fleet management and mobility solutions brand, has over 30 years of experience and adapts to customer needs, offering modern and innovative solutions in order to simplify daily processes.

About Ticket Log

Ticket Log is part of Edenred Brasil's Fleet and Mobility business line. The company also makes available to the market the IPTL, a national index on the variation in fuel prices, based on fueling carried out at the 21 service stations throughout Brazil accredited to the brand.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact her for suggestions, job openings or advertising on our portal.

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