Gasoline And Diesel Prices Drop At Gas Stations After Petrobras Cuts Prices At Refineries Under Threat Of Coronavirus

Written by Paulo Nogueira

Published on 02/02/2020 at 19:55

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In National Territory, Gasoline and Diesel Prices Decrease Due to Coronavirus

Gasoline and diesel prices at Brazilian gas stations decreased this week, interrupting a series of increases, after Petrobras announced two cuts in refinery quotes in recent weeks. Data from the National Petroleum Agency (ANP) was released this Friday.

Petrobras Information on Gasoline Prices

Petrobras reduced diesel and gasoline prices last week and this Friday, amid a drop in oil prices in the international market due to fears of the impact of a new coronavirus outbreak in China on oil demand.

In an interview, Petrobras’ assistant administrator said: “As long as this threat is imminent to human life, many people will remain sheltered in their homes; thus, we will not have many workers, as the priority is human life”.

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Thus, Petrobras’ diesel has accumulated a 10% decrease this year, while gasoline has decreased approximately 7% so far in 2020. At the pumps, gasoline was sold at an average of 4.580 reais per liter this week, a decrease of 0.3% compared to the previous week, interrupting a streak of increases.

The Most Used Fuel in Brazil – Gasoline Price

As is commonly known, diesel is the most used fuel in Brazil. It was sold at an average of 3.778 reais per liter, a decrease of 0.58%, also interrupting a series of weekly increases. Consequently, hydrated ethanol, a competitor of gasoline at the pumps, advanced 0.09%, averaging 3.250 reais per liter. The information released by the media so far indicates that the price reflects the growth of the new epidemic, popularly known as coronavirus.

Gasoline And Diesel Prices Drop At Gas Stations After Petrobras Cuts Prices At Refineries Under Threat Of Coronavirus

In National Territory, Gasoline and Diesel Prices Decrease Due to Coronavirus

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The Most Used Fuel in Brazil – Gasoline Price

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Gasoline And Diesel Prices Drop At Gas Stations After Petrobras Cuts Prices At Refineries Under Threat Of Coronavirus

In National Territory, Gasoline and Diesel Prices Decrease Due to Coronavirus

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Petrobras Information on Gasoline Prices

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