After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

Written by Flavia Marinho

Published on 22/03/2021 at 11:22

Frentista de posto de combustível / Fonte: Reprodução – Via Google

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The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

After five consecutive drops, the average price of diesel at gas stations in Brazil rose slightly. Last week marked the first increase since the implementation of a federal government subsidy program for producers like Petrobras and importers. According to ANP data from last Friday, the price of gasoline and ethanol also saw an increase.

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The slight increase in price occurred despite the efforts of the Bolsonaro government, which included tax reductions, to lower prices and address demands from truck drivers after a historic highway shutdown in May against rising fuel costs.

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) also recorded an increase in gasoline, which rose by 1.8% over the week, or 10 cents, to an average of R$ 5.592 per liter.

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Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

Ethanol consumption is suffering the consequences of stricter restrictions in fighting the pandemic. Additionally, the harvest in the Center-South officially begins on April 1, which limits business as distributors are waiting for a greater supply of the biofuel.

The sector is now hoping for good news from abroad since domestic lockdowns or semi-lockdowns will coincide with a greater supply arriving from the harvest in the Center-South. Even though the handbrake is being pulled on ethanol and peak production begins in May, the volume available still dampens prices.

After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

Read Also

Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried

After Bolsonaro Exempts PIS and Cofins, Diesel Prices Rise Again and Gasoline and Ethanol Become More Expensive

The Price of the Most Used Fuel in Brazil, Diesel, Hit R$ 4.274 Per Liter at the Pumps; Gasoline and Ethanol Also Increased

Read Also

Ethanol Price Evaporates at Mills, and Distributors Are Burning Stocks

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

While Brazil sits on the pre-salt and still imports diesel, Turkey, which produces almost no oil, crossed half the world to drill 7,500 meters below the sea in Somalia in search of its own fuel.

Why didn’t oil reach $150 even after three months of the Strait of Hormuz being closed?

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

When drilling an artesian well, a farmer wanted water but found oil: ANP confirms that the dark liquid found by a farmer on a site in Ceará is crude oil.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

Neither human nor dinosaur: ancestral skeleton nearly 1,000 years old found on eroded road in Australia intrigues archaeologists by the way it was buried