Petrobras raises gasoline and diesel prices at the refinery

After 53 days without making readjustments to the price of gasoline, Petrobras informs that the readjustments are already in effect on the 19th

Petrobras informs that gasoline will have an increase of 2,7% (R$ 0,05) and diesel 1,2% (R$ 0,026) and that these readjustments will start to take effect this Tuesday (19), said Petrobras. state and note. On November 1, 2019, Petrobras had already reduced the price of diesel by 3%. See also: Petrobras carries out the largest seismic survey in the world in Búzios.

Before the announced readjustment, gasoline leaves refineries with an average price of R$ 1,8054 per liter, now it will cost R$ 1,8554. Diesel increases from R$ 2,1877 to R$ 2,2137 per liter. These data are from  CBIE (Brazilian Infrastructure Center).

The method Petrobras uses to adjust fuel prices at refineries is done by monitoring fluctuations in the dollar and global market prices. In the second week of November, Brent oil, which the state-owned company uses as a reference, ended up 1,3% higher, with the dollar closing at R$4,193, the second highest price in human history.

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Although the values ​​are apparently “small”, it is the service stations that decide whether or not to pass on these prices to the final consumer, since Petrobras is not responsible or has any autonomy over its decisions.

outdated prices

In the view of importers, the prices that Petrobras decided to practice are very outdated if the current price of the dollar is taken into account, which, by the way, broke a historic record this week. Check here the current quote and the milestone achieved.

Before the news of the readjustment, the CBIE had already calculated last Friday (15) at R$ 0,10 per liter the average gap in relation to the price of the Gulf of Mexico, in the USA. Abicom says that depending on the delivery point, this delay can be between R$ 0,09 and R$ 0,19 per liter. See also: Shell complains about high prices for transfer of rights blocks

The record time that Petrobras went without changing fuel prices was 55 days, but this happened between the months of February and April 2017. The state-owned company says it will still maintain its current price policy: “The real values ​​of imports vary from agent to agent, depending on characteristics such as, for example, commercial relations in the international and domestic market, access to logistical infrastructure and the scale of action”, says the state-owned company.