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ANP Reports 5 Fuel Price Drops in One Week

Written by Paulo Nogueira
Published on 09/07/2018 at 15:30
Updated on 09/07/2018 at 15:39
ANP informa 5 quedas dos preços de combustíveis (gasolina e do diesel) em apenas uma semana. Por sua vez o preço do etanol caiu 4 vezes.
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ANP Reports 5 Drops in Fuel Prices (Gasoline and Diesel) in Just One Week. Meanwhile, the Price of Ethanol Dropped 4 Times.

It was reported by the ANP that in just one week there were 5 price drops for the fuels gasoline and diesel. During this same period, the price of ethanol dropped 4 times. The good news does not extend to the price of cooking gas, which saw an increase.

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According to the National Agency of Petroleum (ANP), a decrease of 0.66% was estimated for gasoline, with some stations charging R$ 4.495 per liter. Of course, this value refers to an average verified by the ANP among various municipalities. The variation among different locations is absolutely common.

So far, in terms of consumer impact, gasoline has seen its average price increase by about 9.66%, according to calculations by the National Agency of Petroleum (ANP).

Following its fuel pricing policy, Petrobras increased the gasoline price at refineries by approximately 2.8%. This policy has been common since last year, where it has been adjusting fuel prices daily, aiming to track prices in other countries, influenced by various factors such as exchange rates and crude oil prices.

In the end, it is up to the fuel stations to decide whether or not to pass on the adjustments made by Petrobras to consumers.

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Diesel and Ethanol

The average price of ethanol was around R$ 3.384 per liter at fuel stations, even with the price stagnant at refineries.

On the other hand, ethanol recorded a drop of 1.66% in the same week, averaging R$ 2.833/liter.

Following the same calculation method as gasoline, the prices displayed by the National Agency of Petroleum (ANP) are based on the average obtained from various municipalities, thus varying from region to region.

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Price of Gas Cylinder in 2018 Continues to Increase

According to the ANP, the average price of cooking gas was around R$ 68.46 this week. This amount, for consumers, represented an increase of 0.26%. The increase announced by Petrobras was 4.4% according to its adjustment policy every three months.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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