After 50 Days Without Adjustment, Petrobras Increases Diesel Price This Monday, 09/05

Written by Roberta Souza

Published on 10/05/2022 at 22:41

Updated on 10/05/2022 at 22:42

Foto de Erik Mclean / Fonte: Pexels

Seja o primeiro a reagir!

Previous Adjustment in Petrobras Diesel Price Came into Effect on 03/11, Approximately One Month Before This Recent Change

The diesel, which is being sold at an average of R$ 6.63 at gas stations in Brazil, has been lagging for 50 days, according to the Brazilian Association of Fuel Importers. This fact makes representatives from the sector, diesel importers, fuel distributors, and shareholders expect a new price adjustment for diesel at any moment.

According to CNN Brazil, the last price adjustment for diesel made by Petrobras took effect on March 11 of this year; however, one week after the increase in fuel prices, the fuel price was already lagging considering the international market. The price adjustment for diesel was 25%, and yet, diesel prices abroad continued to soar. Currently, the price passed on by Petrobras is 21% delayed compared to the price charged abroad, a difference of about R$ 1.27.

President of Petrobras Claims Impact on the Sector

In a conference held last Friday (5), José Mauro Coelho, president of Petrobras, stated that the sector for this fuel is impacted. In his statement, he said: “It is clear that Petrobras is not insensitive to the Brazilian population, especially in atypical moments like this one we are living, where the conflict in Eastern Europe has greatly harmed energy markets, particularly, at this moment, the diesel market.”

ARTICLE CONTINUES BELOW

See also

He continued by saying that Petrobras is concerned regarding this depreciation in diesel prices, given that they are monitoring price adjustments in the market but do not pass on the adjustment immediately. “But, of course, at some point, adjustments must be made so that we maintain the financial health of our company,” Coelho said.

Moreover, even though the average diesel lag is at 21%, at the ports of Suape (PE), Santos (SP), Itaqui (MA), and Araucária (PR), this lag index has already reached 25%, according to the association. In some regions, the price of diesel in Brazil is already R$ 1.51 lower.
The fuel is currently passed on to distributors for R$ 4.51 per liter, and before reaching the gas stations, the diesel is mixed with one part biodiesel for every nine parts of oil.
However, at the pump, the price of diesel results in a higher price even without an increase from the oil company; the price has been rising at gas stations, as a result of widespread inflation in Brazil. The average selling price of diesel, according to the weekly survey by ANP (National Petroleum Agency), is R$ 6.63, but in Porto Seguro, Bahia, the ANP has already found diesel being passed on for R$ 8.387 per liter.

Despite Price Adjustment, Price Lag Reaches 11%

Despite the 8.86% adjustment in the price of diesel, announced this Monday, 09, by Petrobras, the price lag for diesel still reaches 11%, according to a calculation made by Abicom (Brazilian Association of Fuel Importers). In a statement, the entity claims that if the exchange rate and the prices of gasoline and fuel in the international market stabilize at a high level, fuel price lags will be very far from parity, which will make import operations infeasible.
Before the diesel price adjustment, the average lag for the fuel was 17% and for gasoline was 19%. Although the rise in the exchange rate and the prices of gasoline and diesel fuel in the foreign market have occurred, the average prices of gasoline and diesel fuel are operating with negative differentials at all researched ports.

After 50 Days Without Adjustment, Petrobras Increases Diesel Price This Monday, 09/05

Previous Adjustment in Petrobras Diesel Price Came into Effect on 03/11, Approximately One Month Before This Recent Change

President of Petrobras Claims Impact on the Sector

Despite Price Adjustment, Price Lag Reaches 11%

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

Science reveals that the error in the expansion of the cosmos is not a measurement flaw, but rather a sign that the universe may be hiding new physics capable of changing everything we know.

More than 4.9 million Brazilians live abroad, and those who return face a phenomenon known in science for over a hundred years as return syndrome.

Whoever earns R$ 7,000 in Brazil did not receive an exemption from income tax in 2026 and has become the preferred target of the financial system, living in the most dangerous trap of the middle class.

China plants wheat in the middle of the desert with a survival rate above 90% and replaces 30 workers with just 4 using automated irrigation that could serve as a model for countries facing drought.

After 50 Days Without Adjustment, Petrobras Increases Diesel Price This Monday, 09/05

Previous Adjustment in Petrobras Diesel Price Came into Effect on 03/11, Approximately One Month Before This Recent Change

President of Petrobras Claims Impact on the Sector

Despite Price Adjustment, Price Lag Reaches 11%

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

More than R$ 526 million generated in oil in 2025 was not enough to place Espírito Santo in the lead of innovation — and the data shows exactly where the bottleneck is.

With salaries of up to R$ 30,000 and 2,500 open positions, a shipyard in Aracruz (ES) is at the center of a billion-dollar project by Petrobras that involves platforms capable of producing 225,000 barrels per day.

Impacts of tensions in the Middle East: how the rise in oil prices is transforming infrastructure contracts in Brazil, raising prices, delaying schedules, and exposing billion-dollar fragility in the sector.

Impacts of tensions in the Middle East: how the rise in oil prices is transforming infrastructure contracts in Brazil, raising prices, delaying schedules, and exposing billion-dollar fragility in the sector.

Government orchestrates strategy to revive the state-owned BR Distribuidora and contain the brutal surge in oil prices that has reached the mark of $100.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

Science reveals that the error in the expansion of the cosmos is not a measurement flaw, but rather a sign that the universe may be hiding new physics capable of changing everything we know.

More than 4.9 million Brazilians live abroad, and those who return face a phenomenon known in science for over a hundred years as return syndrome.

Whoever earns R$ 7,000 in Brazil did not receive an exemption from income tax in 2026 and has become the preferred target of the financial system, living in the most dangerous trap of the middle class.

China plants wheat in the middle of the desert with a survival rate above 90% and replaces 30 workers with just 4 using automated irrigation that could serve as a model for countries facing drought.