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Petrobras raises gasoline prices for the second time in a week

15 May 2020 to 13: 19
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Petrobras raises gasoline prices for the second time in a week
Petrobras raises gasoline prices for the second time in a week

Gasoline will be sold at Petrobras refineries at R$ 1,12 per liter. The amount charged at refineries is equivalent to 19% of the final price.

Petrobras informed last Wednesday (13) that it will make a new adjustment in the sale price of fuel in its refineries. This is the second increase in a week since the start of the new coronavirus pandemic. This time, the readjustment will be 10 percent. Parliamentarians try to prevent the sale of Gaspetro

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The fuel readjustment accompanies the rise of the dollar in Brazil and the increase in the price of gasoline in the international market. The increase started to be worth yesterday (14).

With the increase, gasoline will be sold at the refineries of the state-owned company at R$ 1,12 per liter. Petrobras reports that the amount charged at the refineries is equivalent to 19 percent of the final price, the rest being federal and state taxes and profit.

Bolsonaro questioned the 12 percent increase in the price of gasoline made by Petrobras, which occurred after the start of the pandemic, “As far as I know, oil has not gone up abroad. I don't know why Brazilian oil increased”, said the president.

According to UBS bank analysts, the price of gasoline in Brazil was, before the readjustment announced this Thursday, 14 percent below American quotations. For the analyst, Petrobras needed to increase the price of gasoline to avoid loss of margins.

Gasoline increases came after a sequence of falls due to the international oil crisis due to the pandemic by the new coronavirus.

For the consumer, gasoline fell by 16 percent this year. Last week, a liter of gasoline was sold, on average, at R$ 3,823, in Brazil, which is equivalent to 2,7 percent less than in the previous week, informed the National Agency of Petroleum, Gas and Biofuels - ANP

The state-owned company informs that the price of diesel will be maintained at refineries.

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