With Dollar Rise and Increase in Oil Barrel Price in Foreign Market, Petrobras May Raise Fuel Prices Again

Written by Valdemar Medeiros

Published on 07/10/2021 at 13:58

Caminhão-tanque em refinaria da Petrobras em Canoas (RS) 02/03/2019 REUTERS/Diego Vara

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Due To The Rise Of The Dollar And Oil Barrel That Is Already At US$ 81, There Is A Risk Of A New Increase In The Price Of Fuels

The possibility of a new increase in fuel prices has returned to Petrobras’ agenda. According to sources from Jovem Pan, there is little room for maneuver for the oil company within its current pricing policy with the international market. With the rise of the dollar and the oil barrel, which is already above the value of 80 dollars, there is a strong possibility of a new increase in diesel and gasoline at fuel stations across the country.

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YouTube video — *Petrobras Is Considering Raising Fuel Prices Once Again – Credits: Jovem Pan News/Youtube*

Last Monday (4), the price of oil jumped three years after OPEC confirmed it would maintain its current production policy with gradual increases. In July, the entity had already reported that supply would increase by 400,000 barrels daily, at least until April of next year, to curb the rise in fuel prices starting August 1.

Brent crude oil closed at $81.26 per barrel, which may impact the prices of fuels sold by Petrobras. Oil in the U.S. closed up $1.74, or 2.3%, at $77.62 per barrel.

ARTICLE CONTINUES BELOW

Fuels Become More Expensive In Several Brazilian States

So far, the most recent change in fuel prices made by Petrobras occurred in the last week of September when fuel prices increased in 18 states.

The states that registered the highest prices were Piauí and Rio Grande do Sul. Check out the complete list of all Brazilian states and their average gasoline prices below:

Goiás – R$ 6,3161
Tocantins – R$ 6,1000
Amapá – R$ 5,2700
Rio de Janeiro – R$ 6,5600
Sergipe – R$ 6,0860
Piauí – R$ 6,4900
Rondônia – R$ 6,1310
Roraima – R$ 5,7520
Pernambuco – R$ 5,8800

Maranhão – R$ 5,9200
Distrito Federal – R$ 6,4230
Mato Grosso – R$ 6,2240
Paraná – R$ 5,3400
São Paulo – R$ 5,7710
Ceará – R$ 5,7623
Rio Grande do Sul – R$ 6,3589
Pará – R$ 6,1236
Mato Grosso do Sul – R$ 5,6434

Santa Catarina – R$ 5,5300
Alagoas – R$ 6,0151
Bahia – R$ 6,0440
Amazonas – R$ 6,0492
Acre – R$ 6,5681
Rio Grande do Norte – R$ 6,5619
Espírito Santo – R$ 6,0640
Minas Gerais – R$ 6,4197
Paraíba – R$ 5,9834

Petrobras Develops Tool To Monitor Fuel Prices

Due to the constant increase in fuel and cooking gas prices, Petrobras developed the Price Monitor for Fuels by OSP.

The tool records the average prices charged for fuels and will be updated weekly, providing data since July 2001. Therefore, it will be easier to track price adjustments and the evolution of charges. The tool will also help compare fuel expenses against the growth of the Brazilian minimum wage.

This Content Was Developed Based On The Article Written On The Official Jovem Pan Portal

With Dollar Rise and Increase in Oil Barrel Price in Foreign Market, Petrobras May Raise Fuel Prices Again

Due To The Rise Of The Dollar And Oil Barrel That Is Already At US$ 81, There Is A Risk Of A New Increase In The Price Of Fuels

Read Other Related News

Oil Barrel Price Closes At 81 Dollars

Fuels Become More Expensive In Several Brazilian States

Petrobras Develops Tool To Monitor Fuel Prices

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With Dollar Rise and Increase in Oil Barrel Price in Foreign Market, Petrobras May Raise Fuel Prices Again

Due To The Rise Of The Dollar And Oil Barrel That Is Already At US$ 81, There Is A Risk Of A New Increase In The Price Of Fuels

Read Other Related News

Oil Barrel Price Closes At 81 Dollars

Fuels Become More Expensive In Several Brazilian States

Petrobras Develops Tool To Monitor Fuel Prices

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.

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A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

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.

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