With New Gasoline Price Hike Announced by Petrobras, Fuel Hits 73% Increase Year-To-Date

Written by Fabio Lucas Carvalho

Published on 25/10/2021 at 21:27

Foto: Marcello Casal jr/Agência Brasil

Be the first to react!

Petrobras Announces New Gasoline Price Increase at Refineries and Increases Cumulative Percentage for the Year

The Brazilian has already gotten used to news of gasoline price increases. This Monday, 25, the news of the new increase in gasoline and diesel prices was announced by Petrobras. The liter of gasoline will be 7.04% more expensive at refineries, while diesel will see an increase of 9.15%.

The new prices for the price of gasoline and diesel will take effect this Tuesday, 26. With the new increase, the cumulative price increase for gasoline this year has reached an incredible 73%, while the price of diesel has hit 65.3%. This is the 11th increase, just this year.

What Does the New Increase in Gasoline Price Mean?

With the new increase in refinery gasoline prices, the average price per liter of the fuel will go from R$ 2.98 to R$ 3.19. This means that the increase will be R$ 0.21 per liter. Certainly, the impact at the pump will be greater.

ARTICLE CONTINUES BELOW

Oil Barrel Price Continues to Rise

Since October 9, when there was the last increase in refinery gasoline prices, the price of a barrel of Brent crude oil, a reference in international pricing, has increased by 4%, reaching US$ 86.35.

The continuous rise in fuel prices primarily stems from the increase in international barrel prices, as well as the devaluation of the real against the dollar. Petrobras emphasized that it continues to apply international market prices.

“Aligning prices with the international market is especially relevant at the moment we are experiencing, with the atypical demand received by Petrobras for the month of November.”

According to Ticket Log, a fleet management company, the average price per liter of gasoline is costing R$ 6.69, and the average price per liter of diesel is already at R$ 5.48. However, the price of gasoline per liter can easily be found above R$ 7.00 in several regions of the country.

With New Gasoline Price Hike Announced by Petrobras, Fuel Hits 73% Increase Year-To-Date

Petrobras Announces New Gasoline Price Increase at Refineries and Increases Cumulative Percentage for the Year

What Does the New Increase in Gasoline Price Mean?

Oil Barrel Price Continues to Rise

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

3 specialists warn that Central Asia could enter into absolute water scarcity by 2050, while 82 million people already live under water insecurity and rivers, reservoirs, and aquifers inherited from the Aral Sea tragedy are silently collapsing under new climate pressure.

Spotted on BYD’s configurator, the Atto 8 2026 appears before its official launch for R$ 399,990 and promises to arrive in Brazil in March with 488 hp, seven seats, and up to 111 km of electric range.

Space debris already exceeds 130 million fragments in low Earth orbit, and US and Australian companies are preparing for 2027 the first regular collection service with a kind of reusable space truck.

While irregular buildings often challenge residents for decades, neighbors of a condominium in India faced a real estate giant and managed to demolish two 100-meter towers in front of the cameras.

A man wins R$ 7 million in the lottery, fails to claim it within the deadline, and loses the right to receive the prize, which ultimately went to another destination.

With New Gasoline Price Hike Announced by Petrobras, Fuel Hits 73% Increase Year-To-Date

Petrobras Announces New Gasoline Price Increase at Refineries and Increases Cumulative Percentage for the Year

What Does the New Increase in Gasoline Price Mean?

Oil Barrel Price Continues to Rise

A village with 115 inhabitants wants new residents: it offers a house, a job, up to 44 thousand euros in benefits, almost free rent, an annual grant of 8 thousand euros for 3 years, and a 20 thousand euro incentive for businesses in the mountains of Italy.

NASA is offering US$ 750,000 to people from anywhere in the world who solve a problem that could decide survival on Mars: creating food for astronauts without relying on resupply from Earth.

New microwave that can replace three appliances hits the market: Sharp launches 3-in-1 model that combines air fryer, convection oven, and heating in 0.9 cubic feet for small kitchens

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

The United Kingdom removed approximately 1.8 million cubic meters of sand from the seabed and is depositing it all on 6 kilometers of beaches in Norfolk, in a mega-operation to curb erosion, protect coastal villages, and shield a vital gas terminal against the encroaching Atlantic.

After 16 years and almost 600 prototypes, a Chinese inventor unveils the world’s smallest and cheapest manned jet, at just 3.80 meters long and costing US$7.2 thousand in materials.

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

Brazil discovers natural hydrogen in four states and enters the silent race that could redraw the energy transition: Petrobras has already invested R$ 20 million in studies.

Trump promises transparency in Venezuela’s oil, but secret deals and corruption allegations continue to surround the billion-dollar sector.

Oil near US$100 raises tension on Wall Street and amplifies global fear about inflation, energy, and the Middle East crisis

Oil moves trillions worldwide, dominates energy generation, and continues to be a strategic resource for major global powers.

United States intercepts six Iranian vessels in the Strait of Hormuz and April ceasefire is once again threatened

3 specialists warn that Central Asia could enter into absolute water scarcity by 2050, while 82 million people already live under water insecurity and rivers, reservoirs, and aquifers inherited from the Aral Sea tragedy are silently collapsing under new climate pressure.

Spotted on BYD’s configurator, the Atto 8 2026 appears before its official launch for R$ 399,990 and promises to arrive in Brazil in March with 488 hp, seven seats, and up to 111 km of electric range.

Space debris already exceeds 130 million fragments in low Earth orbit, and US and Australian companies are preparing for 2027 the first regular collection service with a kind of reusable space truck.

While irregular buildings often challenge residents for decades, neighbors of a condominium in India faced a real estate giant and managed to demolish two 100-meter towers in front of the cameras.

A man wins R$ 7 million in the lottery, fails to claim it within the deadline, and loses the right to receive the prize, which ultimately went to another destination.