Fuel Price Variations in The Third Week of November, According to ValeCard

Written by Corporativo

Published on 28/11/2023 at 23:02

Foto: Gustavo Magaldi

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Diesel Records Drop and Ethanol Shows Slight Decrease

Between November 17 and 23, the scenario of fuel prices in Brazil showed significant variations, according to a survey by ValeCard, a company specialized in mobility solutions. Diesel saw a reduction of 0.44%, while ethanol experienced a more modest drop of 0.11%. In contrast, the price of gasoline remained stable during the period. Notably, ethanol was economically advantageous in 15 federal units for flex vehicles.

This weekly study by ValeCard highlights the fluctuations in fuel prices and the impact of these variations on the Brazilian vehicle market. The information is based on data collected from over 25,000 accredited establishments across the country.

Diesel: Price Drop and Variation by State

The S-10 diesel, the most consumed in Brazil, showed a decrease of 0.44% in the week from November 17 to 23, compared to the previous week. The national average price of diesel stood at R$ 6.380 per liter. Rio Grande do Sul recorded the lowest price at R$ 6.043 per liter, while Roraima had the highest average at R$ 7.150.

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Brendon Rodrigues, Head of Innovation and Portfolio at ValeCard, comments that the import of diesel at favorable prices has been an influencing factor in the national market. However, with the volatility of oil prices and possible interventions from Petrobras, the future of diesel prices remains uncertain.

Ethanol and Gasoline: Stability and Economic Advantage

During the same period, the price of hydrated ethanol at gas stations fell slightly, with a national average of R$ 3.696 per liter. Mato Grosso offered the lowest price, while Amazonas recorded the highest average. Brendon Rodrigues notes that the reduction in ethanol prices reflects the high production volume from the plants, positively impacting prices for distributors.

Regarding gasoline, there was price stability, with a national average of R$ 5.864 per liter. Rio Grande do Norte presented the most affordable price, while Roraima had the highest average. The trend for gasoline is relative stability, unless there are significant adjustments from Petrobras or changes in external factors affecting its price.

Conclusion and Perspectives for the Fuel Market

The data from ValeCard provides a detailed view of the behavior of fuel prices in Brazil. The weekly analysis offers valuable insights for consumers and companies in the sector, highlighting the importance of monitoring these variations for informed decision-making. While diesel and ethanol show trends of price reduction, gasoline remains stable, offering a diverse outlook for the fuel market in the country.

Source: Gustavo Magaldi.

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Fuel Price Variations in The Third Week of November, According to ValeCard

Diesel Records Drop and Ethanol Shows Slight Decrease

Diesel: Price Drop and Variation by State

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Ethanol and Gasoline: Stability and Economic Advantage

Conclusion and Perspectives for the Fuel Market

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