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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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The government will pay R$ 1.20 for each liter of diesel that Brazil imports and for the first time in history requires distributors to reveal how much they profit — those who hide their margins will face fines of up to R$ 500 million…
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Under kilometers of water, rock, and salt, Brazil hides a colossal wealth that led an official guide from the U.S. government to recognize the country as the owner of the largest ultra-deep oil reserves in the world.
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Iran said that the Strait of Hormuz is open, but in practice only 1 non-Iranian oil tanker managed to cross in 24 hours — before the blockade, 100 ships passed per day.
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Petrobras completes 1,300 hours of work and 15 km of subsea lines to connect the Búzios 90 well to the P-79 — the platform is ready to produce 180,000 barrels per day and is just awaiting ANP approval.
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.
Pricing Policy: Campaign Promise
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.
Petrobras Announces Change in Pricing Policy
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