Gasoline Prices Drop More Than 12.38% in July in SC, RS, and PR, Quoted at Less Than R$ 6; Declines Intensify After Petrobras Discounts

Written by Daiane Souza

Published on 21/07/2022 at 06:46

Updated on 21/07/2022 at 06:47

Fonte da imagem: Canva

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Now, in some cities, like Brusque, Santa Catarina (SC), the average price of gasoline is around R$ 5.99 (Source: Havan Station, Brusque). Since 2021, more than twenty Brazilian states were charging the price of the liter above R$ 7, directly impacting freight prices.

According to data shared by the Ticket Log Price Index (IPTL), the average price of gasoline is being traded at a national decrease of 10.22% compared to the previous month. The decrease will be more pronounced in the coming days after Petrobras reduced prices by at least R$ 0.2 per liter of fuel. Ethanol also showed variations, being down by 6.33% compared to the previous month, closing with a national average of R$ 5.62. Meanwhile, for the first time in history, the price of diesel exceeds that of gasoline: in Itajaí, Santa Catarina (SC), it was, two weeks ago, being sold at R$ 7.3. Negative variations are expected to intensify in the coming days due to discounts from Petrobras along with Brent oil price drops caused by recession.

Douglas Pina, General Director of Mainstream in the Fleet and Mobility Division of Edenred Brazil, argues that one of the factors that led to a decrease in the price of gasoline and other fuels was the reduction of ICMS. The government, currently led by Jair Bolsonaro, ordered the creation of a project that foresees the end of taxes by states or their reduction, while governors would receive a portion of federal investments to cover these funds that would no longer enter the treasury.

Pumps in the South of the Country Are Leaders in Gasoline Discounts

In the South, in states like Santa Catarina (SC), Paraná (PR), and Rio Grande do Sul (RS), the increase in gasoline was higher than in other states, being at least 12.38%, reaching an average price of R$ 6.30 at the pumps, with some cities charging less than R$ 6, such as in Brusque, which is at R$ 5.99. Meanwhile, in the Northeast region, there are higher prices, above R$ 7.

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Will Fuel Drop? Understand How the Situation of Brent Oil Is – Much Beyond Petrobras

According to analysts, the price of Brent oil has fallen at least five times in the last six economic recessions and now it is estimated that the barrel will show a global decline following new partnerships by the United States in the East. The accumulated increase in the price of the barrel is 55%, having been over 100% in previous months.

One of the events that caused Brent oil to suffer spikes was the war that broke out between Russia and Ukraine, at the end of February, following consecutive warnings from the President of the United States, Joe Biden.

Gasoline Prices Drop More Than 12.38% in July in SC, RS, and PR, Quoted at Less Than R$ 6; Declines Intensify After Petrobras Discounts

Now, in some cities, like Brusque, Santa Catarina (SC), the average price of gasoline is around R$ 5.99 (Source: Havan Station, Brusque). Since 2021, more than twenty Brazilian states were charging the price of the liter above R$ 7, directly impacting freight prices.

Pumps in the South of the Country Are Leaders in Gasoline Discounts

Will Fuel Drop? Understand How the Situation of Brent Oil Is – Much Beyond Petrobras

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Gasoline Prices Drop More Than 12.38% in July in SC, RS, and PR, Quoted at Less Than R$ 6; Declines Intensify After Petrobras Discounts

Now, in some cities, like Brusque, Santa Catarina (SC), the average price of gasoline is around R$ 5.99 (Source: Havan Station, Brusque). Since 2021, more than twenty Brazilian states were charging the price of the liter above R$ 7, directly impacting freight prices.

Pumps in the South of the Country Are Leaders in Gasoline Discounts

Will Fuel Drop? Understand How the Situation of Brent Oil Is – Much Beyond Petrobras

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

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The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Acelen advances with megabiorefinery in Bahia with a R$ 503 million investment released by BNDES and boosts the production of sustainable fuels with advanced technology capable of transforming vegetable oil and waste into green diesel and low-emission aviation fuel.

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Nvidia wants to spend up to $150 billion annually in Taiwan, employ 4,000 people, and transform the new headquarters into a key piece of AI expansion.

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