Petrobras adota nova política de preços para o mercado de diesel

Petrobras Adopts New Pricing Policy for Diesel Market

Written by Paulo Nogueira

Published on 28/12/2018 at 10:11

Updated on 28/12/2018 at 13:11

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After the Gasoline Price Cut Announced by the State-Owned Company Yesterday (27), Diesel Will Also Undergo Some Adjustments to Balance Prices During These Periods of Market Volatility

Petrobras approved measures that will give the state oil company greater flexibility in setting diesel prices, the company said in a document this Friday (28). Although Petrobras, as the company is known, did not explicitly declare the plan as a hedge program, it said that the measure was similar to one taken in September, when the company introduced the same system for gasoline.

Under the new measures, Petrobras said it will be able to keep diesel prices stable for periods of up to seven days while varying the frequency of values during periods of high volatility.

Gasoline

Petrobras announced a 6.20% decrease in gasoline prices at refineries starting October 31, which has been maintained since then. With the change, the average price of the product at refineries will drop to R$ 1.8623 per liter, according to the company’s website.

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Petrobras Adopts New Pricing Policy for Diesel Market

After the Gasoline Price Cut Announced by the State-Owned Company Yesterday (27), Diesel Will Also Undergo Some Adjustments to Balance Prices During These Periods of Market Volatility

Gasoline

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Petrobras Adopts New Pricing Policy for Diesel Market

After the Gasoline Price Cut Announced by the State-Owned Company Yesterday (27), Diesel Will Also Undergo Some Adjustments to Balance Prices During These Periods of Market Volatility

Gasoline

Egypt wants to draw 10 million cubic meters of water from the Nile per day into the desert, irrigate a new agricultural frontier, and build a city where there is currently only sand.

BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

The Soviet Union spent 22 years drilling into the Earth’s crust and reached a depth of 12,262 meters — they found water where it was thought impossible, hydrogen bubbling from the rock, granite that is 2.7 billion years old, and temperatures of 180 degrees that melted the drill bits.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

A view from space, an image made by NASA shows the impressive Richat Structure, a geological formation located in the Sahara Desert, also known as the “Eye of the Sahara.”

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