Gasoline Prices Plummet in Brazil, Reaching R$ 4.58 in São Paulo and Fuel Becomes Cheaper Than Diesel; Ethanol Drops as Well and Can Be Found at R$ 3.21, Easing Consumers' Burden!

Gasoline Prices Plummet in Brazil, Reaching R$ 4.58 in São Paulo and Fuel Becomes Cheaper Than Diesel; Ethanol Drops as Well and Can Be Found at R$ 3.21, Easing Consumers’ Burden!

Written by Flavia Marinho

Published on 26/08/2022 at 17:11

Updated on 26/08/2022 at 20:34

Preço da gasolina despenca no Brasil – Imagem Uol

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After Petrobras Consecutively Lowered The Price Of Gasoline At Refineries, Fuel Plummets And Can Be Found At R$ 4.58 In São Paulo

After Petrobras consecutively lowered the price of gasoline at refineries and for resellers, the average price of fuel became cheaper than diesel, showing a decrease of over 9.16% in the first half of August compared to July. Ethanol followed the same trend and can be found at R$ 3.21 at gas stations in São Paulo.

The decline is a result of the reduction of ICMS and PIS/Cofins by the states, in addition to the reduction of the selling price of fuel to the refineries by Petrobras, as an effect of the drop in Brent oil prices, which are currently trading below US$ 100.

August Fuel Prices Are Available In Electronic Spreadsheets From ANP

ANP released, on August 19, the data from the price survey for the current week (08/14 to 08/20), as well as for the weeks of 07/31 to 08/06 and from 08/07 to 08/13. The information is available in electronic spreadsheets, AT THIS LINK.

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Refueling With Ethanol Is Only Advantageous In Mato Grosso

With the sharp decline in gasoline prices, ethanol has ceased to be advantageous in almost the entire country. In the first half of August, the only state where it was worth refueling with ethanol was Mato Grosso – the average price of fuel during this period was R$ 4.011.

It is worth noting that the method used in this analysis, discounting factors such as the individual autonomy of each vehicle, indicates that to justify filling the tank with ethanol, the price per liter must be less than 70% of the gasoline price.

Gasoline Prices Plummet in Brazil, Reaching R$ 4.58 in São Paulo and Fuel Becomes Cheaper Than Diesel; Ethanol Drops as Well and Can Be Found at R$ 3.21, Easing Consumers’ Burden!

After Petrobras Consecutively Lowered The Price Of Gasoline At Refineries, Fuel Plummets And Can Be Found At R$ 4.58 In São Paulo

August Fuel Prices Are Available In Electronic Spreadsheets From ANP

Refueling With Ethanol Is Only Advantageous In Mato Grosso

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Gasoline Prices Plummet in Brazil, Reaching R$ 4.58 in São Paulo and Fuel Becomes Cheaper Than Diesel; Ethanol Drops as Well and Can Be Found at R$ 3.21, Easing Consumers’ Burden!

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