Petrobras announces a R$ 0.20 reduction in the price of diesel for distributors

Petrobras announced this Thursday (4) that it will reduce the average price of diesel sales to distributors from R$5.61 to R$5.41, a drop of R$0.20 per liter. The measure is valid from Friday (5).

“This reduction follows the evolution of reference prices, which stabilized at a lower level for diesel, and is consistent with Petrobras’ pricing practice, which seeks to balance its prices with the global market, but without passing it on to the internal prices of the cyclical volatility of international quotations and the exchange rate”, Petrobras said in a note.

The company also said that considering the mandatory mixture of 90% of diesel A and 10% of biodiesel for the composition of the diesel sold at the gas stations, “Petrobras’ share of the consumer price will increase from R$ 5.05, on average, to R$ 4.87 for each liter sold at the pump”.

The last reduction in the price of diesel had taken place on May 1, 2021.

Reduction in the price of gasoline

Last month, Petrobras announced two reductions in the price of gasoline for distributors. In the first announcement, on July 19, the drop was R$ 0.20 per liter. After just over a week, the state-owned company went from R$3.86 to R$3.71 per liter of fuel.

Source: CNN Brasil

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