Petrobras and a few other global oil operators have never seen a negative impact in the downstream sector of this magnitude. The drop in fuel demand caused prices to fall, even being traded at negative prices because there is too much raw material with nowhere to store it.
- Offshore Jobs – Nursing Technicians and Nurses Are Needed for Oil and Gas Sector Vessels
- Logistics and Cabotage Company Opened 20 New Job Vacancies for Maritime Professionals Yesterday
- GE (Renewable Energy) Opens Registrations for Two Internship Programs on This Day 20
With low consumption, it was expected that the price of gasoline and diesel at refineries would drop, and that is what happened. But the same logic did not apply to the end consumer:
Today, the price of gasoline at Petrobras’s refinery is 91 cents. Unfortunately, I do not see this drop reaching the pumps. Over the weekend, I saw regular gasoline at 4.99. It is a very large distance. It means there was some drop at the stations, but minimal compared to the refinery price.” said the president of Petrobras in an interview with the website O Antagonista yesterday (21).
-
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
It was a drop of 52.3% (almost half) in the average in Brazil and globally; despite this, Petrobras is still exporting a lot of maritime fuel, with low sulfur content. The demand for LPG (Liquefied Petroleum Gas) has grown during this period.

Be the first to react!