Portuguese 
Spanish 
Despite The Price Policy Of Petrobras Fuel Being An Unknown, The Gasoline Price Is 7% Below Import Parity (PPI)
The Brazilian Association of Fuel Importers (Abicom) alerts to the price gap of gasoline in the Brazilian market that threatens ethanol consumption. According to Abicom’s president, Sérgio Araújo, there is no expectation of a price increase by Petrobras before the Ordinary General Assembly (AGO), scheduled for April 27.
Diesel Is Aligned With Import Price And Petrobras May Increase Gasoline By R$ 0.25 Per Liter In Brazil
The average gasoline price in Brazil is 7% below import parity (PPI), reaching 9% at the Araucária (PR) terminal and 6% in Aratu (BA). To reach parity, Petrobras could increase gasoline by R$ 0.25 per liter in the domestic market. However, Araújo assesses that Petrobras is unlikely to raise gasoline prices now with the pressure on state prices.
Meanwhile, diesel is aligned with the import price and has secured deals, especially with Russian diesel. To maintain relief for consumers, the Brazilian oil giant Petrobras adjusted diesel prices 19 days ago and has kept gasoline prices frozen for 41 days!
-
With a record production of nearly 3 million barrels per day, Petrobras resumes importing diesel in July, highlighting the bottleneck in Brazilian refining.
-
Qantas and Airbus Invest in Company Aiming to Convert Unsorted Household Trash into Jet Fuel
-
Brazil’s ANP Opens 86 New Oil Blocks in the Equatorial Margin, Expanding the Amazon River Mouth Frontier
-
OPEC+ Boosts Oil Supply by 188,000 Barrels per Day in July 2026, Leading to Price Drop from $112 to $89 per Barrel in Under Two Months
Petrobras Price Policy Is An Unknown But Defends Competitive Values
What will happen with Petrobras’ price policy after the AGO is still a mystery, and the interference of the Minister of Mines and Energy, Alexandre Silveira, last week, did not help the debate on the matter. Silveira stated that the state company’s prices would no longer be linked to the international market, but to an “internal” price of fuels. This theory follows the determination of the President of the Republic, Luiz Inácio Lula da Silva, to “Brazilianize” the state prices.
Petrobras’ president, Jean Paul Prates, has confirmed the intention to end the PPI and to advocate for prices that ensure the competitiveness of the state company in the market, taking regional differences into account.
