Petrobras Breaks Fuel Price Hike; Gasoline and Diesel Become Cheaper at Refineries Starting Today

Written by Flavia Marinho

Published on 09/09/2020 at 12:07

A baixa dos preços do diesel e da gasolina nas refinarias da Petrobras, interrompe uma tendência de alta de preços dos combustíveis nos últimos quatro meses

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The Drop in Diesel and Gas Prices at Petrobras Refineries Interrupts a Four-Month Trend of Rising Fuel Prices

Starting today (09/09), the price of diesel and gasoline is 5% lower at Petrobras refineries and at the product delivery bases. The reduction interrupts a trend of rising fuel prices over the last four months. Government Vetoes Brasduto – Pipeline Expansion Fund That Would Be Funded With Pre-Salt Resources

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The decrease in gasoline prices is R$ 0.0884 per liter, and in diesel it’s R$ 0.0922 per liter, on average.

The reduction in Petrobras prices reflects, mainly, the drop in international oil prices, due to market fears about potential weakening of demand with the restrictions in some countries, due to the coronavirus pandemic.

ARTICLE CONTINUES BELOW

Consumer Impact

The transfer of adjustments at Petrobras refineries to end consumers at gas stations, however, is not guaranteed, and depends on a series of issues, such as distribution and resale margins, taxes, and the mandatory addition of anhydrous ethanol.

Petrobras Breaks Fuel Price Hike; Gasoline and Diesel Become Cheaper at Refineries Starting Today

The Drop in Diesel and Gas Prices at Petrobras Refineries Interrupts a Four-Month Trend of Rising Fuel Prices

Read Also

Consumer Impact

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Petrobras Breaks Fuel Price Hike; Gasoline and Diesel Become Cheaper at Refineries Starting Today

The Drop in Diesel and Gas Prices at Petrobras Refineries Interrupts a Four-Month Trend of Rising Fuel Prices

Read Also

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