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Petrobras announces new increase in gasoline and diesel prices

Petrobras announced this Friday (17) a new increase in fuel prices. Starting this Saturday (18), gasoline will have a variation of R$ 0.15 per liter, while diesel will have a variation of R$ 0.63 per liter.

In the case of gasoline, Petrobras stated that the average sale price for distributors will rise from R$3.86 to R$4.06 per liter.

Considering the mandatory blend of 73% gasoline A and 27% anhydrous ethanol for the composition of gasoline sold at gas stations, the state-owned company’s share of the consumer price will rise from R$2.81, on average, to R$2.96 for every liter sold at the pump.

In relation to diesel, the increase is greater — Petrobras’ average sales price to distributors will rise from R$4.91 to R$5.61 per liter.

When considering the mandatory mixture of 90% diesel A and 10% biodiesel for the composition of the diesel sold at gas stations, the company’s share of the consumer price will increase from R$ 4.42, on average, to R$ 5.05 for every liter sold at the pump.

The readjustment in the price of gasoline takes place after 99 days, with the last increase on March 11, while for diesel the last change took place on May 10, 39 days ago.

“With this move, Petrobras reiterates its commitment to the practice of competitive prices and in balance with the market, while avoiding the immediate transfer to domestic prices of the volatility of international quotations and the exchange rate, that is, avoids passing on temporary variations that can be reversed in the short term. In this way, observing the evolution of the market, it was possible to keep sales prices for distributors stable for 99 days for gasoline and 39 days for diesel”, highlighted Petrobras, in a note.

Source: CNN Brasil

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