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

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The end of Nokia: the brand that was the cellphone of an entire generation has ended its smartphones, left Brazil, and today survives only in basic phones in India while seeking a new partner.

Dissatisfied with seeing people sleeping on the street, a man named Ryan Donais started building small mobile homes so that homeless people can escape the cold, each equipped with a bed, running water, electricity, and heating.

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.

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.

An Indonesian fisherman pulls a mysterious object from the sea and discovers that it is a Chinese underwater monitoring system, part of the so-called Underwater Great Wall that Beijing uses to track submarines and unmanned vehicles in strategic straits of the region.

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