Gasoline gap reaches 11% and diesel 4%, says Abicom

Gasoline and diesel prices at Petrobras refineries once again registered a lag earlier this year in relation to the international market, according to a survey by the Brazilian Association of Fuel Importers (Abicom), opening space for a fall of R$ 0.36 per liter in the case of gasoline (lag of 11%) and R$ 0.21 per liter for diesel (lag of 4%).

According to Abicom, for nine days the import window has been closed for both fuels.

“Despite the rise in the exchange rate, the reference prices for gasoline and diesel oil showed a reduction in the international market at today’s opening, according to Abicom’s accounts, the average price scenario is below par for gasoline and diesel oil”, told Abicom in its daily report.

If we also take into account the prices of the Mataripe Refinery, in Bahia, controlled by Acelen, an arm of the Arab investment fund Mubadala, the only large one privatized by the previous government, the gasoline gap drops to 9%, while the price of diesel follows with a difference of 4% in relation to the international market.

Last Saturday, Acelen increased the price of a liter of diesel by R$0.3676 and of gasoline by R$0.2559. Petrobras, on the other hand, made the last readjustments for these fuels on December 7, recording average drops of 8.12% and 6.11%, respectively.

Oil is still in a downward trend, registering this Tuesday (3) a drop of 1.64% for March contracts, quoted at US$ 84.50, knocked down by the appreciation of the dollar, after having risen for two days in a row. The commodity, however, remains highly volatile.

Source: CNN Brasil

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