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The Change Is Effective Starting This Thursday, According to Petrobras’ Statement to the Market. The Reduction in the Price of Diesel Per Liter to Distributors Is a Reflection of the Current Economic and Competitive Scenario of the Company.
Petrobras announced that starting this Thursday (03/23), it will sell diesel at R$ 0.18 cheaper to distributors. The company will change the price of diesel from R$ 4.02 to R$ 3.84, a significant reduction for the companies. The adjustment in the average price of the product occurs at a time of maintaining the company’s competitiveness in the Brazilian fuel market.
Distributors Will Receive Diesel at R$ 0.18 Cheaper After Fuel Price Adjustments in the Brazilian Market
Fuel distributors started the week with great news regarding the passing on of Petrobras product prices.
The company announced that it will reduce the diesel price passed on to companies by a total of R$ 0.18, changing it from R$ 4.02 to R$ 3.84. The alteration in prices will take effect this Thursday.
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Additionally, the state-owned company commented on its share of the final value passed on to consumers. This is an increasingly relevant discussion in the national market, amid the volatility of fuel prices such as gasoline and diesel.
According to the company, its share in the product price to consumers will be approximately R$ 3.45 for each liter sold at the pump, after considering the mandatory mix of 90% diesel A and 10% biodiesel.
It emphasized that the decision was made due to the current competitive scenario in the Brazilian market, “given the main supply alternatives for our clients and the market share necessary to optimize refining assets.”
Finally, Petrobras commented on its adjustments in the fuel pass-through to distributors.
“Aware of the importance of its products to Brazilian society, the company emphasizes that in setting its prices, it seeks to avoid passing on the conjunctural volatility of the international market and the exchange rate, while preserving a healthy competitive environment under current legislation,” said the company.
Reduction in Diesel Price Passed to Distributors May Contribute to Pump Prices, but This Change Does Not Depend on Petrobras
The reduction in the price of diesel passed to distributors follows the trend of falling oil prices in the international market.
Additionally, Petrobras has been working to decrease the gap between the prices practiced in Brazil and the international prices of oil.
It is important to note that the reduction in the price of diesel for distributors will not necessarily reflect in a decrease in the final price of fuel for the end consumer.
The decision about pump prices is up to the distributors and fuel stations themselves, who may choose whether or not to pass on the price reduction.
The reduction in the price of diesel for distributors is a strategic decision of the company, aimed at maintaining competitiveness in both the national and international markets.
Now, what remains for consumers is to wait for the impacts of the diesel price reduction passed from Petrobras to distributors in the market over the coming days.
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