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The New Prices Take Effect Tomorrow (9) at the Petrobras Refineries. It Is the Second Price Increase of Gasoline and Diesel in March of This Year
The dollar rises and gasoline and diesel prices will increase starting tomorrow, March 9, at the Petrobras refineries, and consequently, the adjustment will reflect on consumers’ pockets. This is the sixth adjustment of the year and the second in just this month of March made by the state-owned company, where the price of gasoline will rise by 8.8% and diesel by 5.5%. Looking for a job? Resume and work card in hand to apply for the job openings available today (03/08) to work at an ethanol plant.
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As a result, the average prices at the refineries will be R$ 2.84 per liter for gasoline and R$ 2.86 per liter for diesel, after adjustments of R$ 0.23 and R$ 0.15 per liter, respectively. This information was confirmed by Petrobras.
The valid prices are the average of those practiced at the 37 Petrobras refineries, spread across the Southeast, North, Northeast, and Midwest regions.
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According to Petrobras, the increase is due to “aligning prices to the international market, which is essential to ensure that the Brazilian market continues to be supplied, without the risk of shortages, by the different actors responsible for meeting Brazilian regions: distributors, importers and other refiners, in addition to Petrobras.” The company reminds that this same competitive balance was responsible for price reductions when supply increased in the international market, as happened throughout 2020.
The company explained that “the prices practiced are based on import parity prices and therefore track variations in the value of the product in the international market and the exchange rate of the dollar, both up and down.”
Petrobras emphasizes that the new prices refer to the sale of refineries to distributors, meaning they do not reflect what will be charged to the final consumer. Before reaching the final buyer, there are increases in federal and state taxes, costs for acquisition and mandatory blending of biofuels, and the gross margins of distributors and retail outlets.
Petrobras Also States That the Price of Gasoline and Diesel Is Below the Global Average
“According to data from Global Petrol Prices, on 01/18/2021, the average price to consumers of gasoline in Brazil was the 56th cheapest among 166 surveyed, being 17.8% below the average of 1.05 dollars per liter. The average price of diesel to consumers in Brazil was the 42nd cheapest among 165 surveyed, being 26.7% below the average of 0.95 dollars per liter.”
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