Against the Rising Gasoline Prices, Which Are Set to Soar in March with the End of the ICMS Ceiling, Diesel Prices Plunge to R$ 4.10 at Distributors, Become Cheaper at Pumps, and Ease Truck Drivers' Expenses

Against the Rising Gasoline Prices, Which Are Set to Soar in March with the End of the ICMS Ceiling, Diesel Prices Plunge to R$ 4.10 at Distributors, Become Cheaper at Pumps, and Ease Truck Drivers’ Expenses

Written by Flavia Marinho

Published on 09/02/2023 at 11:41

Updated on 18/03/2023 at 18:45

Fila em posto de combustível após reajuste no preço do diesel e gasolina – Image Gazeta

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After 2022 Was Marked by Consecutive Fuel Price Increases, Petrobras Announces Diesel Price Cut and Eases the Burden on Truckers

After the average price of gasoline per liter in Brazil rose above R$ 5 last week (from January 29 to February 4, according to ANP data), Petrobras brought good news for consumers: starting yesterday, 02/08, the average sale price of diesel to distributors dropped from R$ 4.50 to R$ 4.10 per liter, a reduction of R$ 0.40 per liter, easing the financial load for Brazilians, especially truckers!

According to the state company, the diesel price reduction is primarily guided by the aim of balancing Petrobras’s prices with national and international markets, taking into account the main supply alternatives for our clients and the necessary market share for asset optimization.

The company, in forming petroleum and natural gas derivative prices in the domestic market, seeks to avoid passing on the conjunctural volatility of quotations and exchange rates while preserving a healthy competitive environment as per current legislation.

ARTICLE CONTINUES BELOW

In Contrast to Diesel, Gasoline Price Has Increased and Is Set to Spike in March with the End of the ICMS Ceiling

The weekly spike occurred due to the increase in the sale price of gasoline by Petrobras to distributors, which rose from R$ 3.08 to R$ 3.31 per liter, an increase of R$ 0.23.

Additionally, the ceiling of the Tax on Circulation of Goods and Services (ICMS) on fuels is counting down to its end.

Transparency Is Key

In order to contribute to price transparency and better understanding in society, Petrobras publishes information on its website regarding the formation and composition of consumer fuel prices.

Against the Rising Gasoline Prices, Which Are Set to Soar in March with the End of the ICMS Ceiling, Diesel Prices Plunge to R$ 4.10 at Distributors, Become Cheaper at Pumps, and Ease Truck Drivers’ Expenses

After 2022 Was Marked by Consecutive Fuel Price Increases, Petrobras Announces Diesel Price Cut and Eases the Burden on Truckers

In Contrast to Diesel, Gasoline Price Has Increased and Is Set to Spike in March with the End of the ICMS Ceiling

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Against the Rising Gasoline Prices, Which Are Set to Soar in March with the End of the ICMS Ceiling, Diesel Prices Plunge to R$ 4.10 at Distributors, Become Cheaper at Pumps, and Ease Truck Drivers’ Expenses

After 2022 Was Marked by Consecutive Fuel Price Increases, Petrobras Announces Diesel Price Cut and Eases the Burden on Truckers

In Contrast to Diesel, Gasoline Price Has Increased and Is Set to Spike in March with the End of the ICMS Ceiling

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Cambodia has started digging a nearly 180-kilometer canal to connect the Mekong River directly to the sea and reduce its dependence on the ports of neighboring Vietnam.

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China has put millions of electric cars on the roads, but now faces the side effect: more than 1 million tons of batteries are expected to go out of use per year by 2030, while the government expands tracking and combats illegal dismantling with environmental risks.

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