Amazon Refinery Maintains Prices Linked to International Oil Market After Changes at Petrobras

Written by Bruno Teles

Published on 18/05/2023 at 17:15

Updated on 18/05/2023 at 20:44

FOTO: Refinaria da Amazônia

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Since Petrobras Announced Change in Its Pricing Policy, the Amazon Refinery (Ream) Has Caused Debates About Its Impact on Consumers.

The refinery stated that it will maintain parity with the international oil market. In light of this scenario, Ream announced that the new pricing policy from Petrobras “does not interfere” with the pricing structure. Ream also stated that the parity model with the international market improves the reflection of production costs.

The change in the pricing policy of Petrobras aims to offer more competitive prices in the national market. The commercial strategy seeks to balance with international markets and provide the best alternatives to customers. The expectation is that this change will reduce price volatility and bring more stability.

Ream and Its Petrobras Pricing Policy

Despite the change in the pricing policy of Petrobras, Ream emphasized that there were no changes in its own. Ream stated that, just this year, it has reduced gasoline prices 12 times, with four reductions between April and May. The Amazon Refinery highlighted that it does not set the final fuel prices for distributors and gas stations.

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Ream is one of Petrobras’s companies that maintains its activities in the Northern region of Brazil. The company is responsible for large-scale oil refining and has a production capacity of about 46 thousand barrels of oil per day.

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The issue of fuel prices in Brazil is a controversial topic and has been discussed for years. Petrobras’s pricing policy was based on the premise of price fluctuations in accordance with international values. This practice has been criticized by those who believe that such variation causes a disproportionate increase in fuel prices.

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Since Petrobras Announced Change in Its Pricing Policy, the Amazon Refinery (Ream) Has Caused Debates About Its Impact on Consumers.

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Without bricks, without cement, and without endless construction: the cardboard house that is assembled in modules and can be moved.

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