Petrobras announced this Tuesday (19) that the average sale price of gasoline to distributors will go from R$4.06 to R$3.86 per liter, a reduction of R$0.20 per liter from Wednesday (20).
This is the first announcement in the administration of the new president of the state-owned company, Caio Paes de Andrade, who took office at the end of last month.
According to the company, considering the mandatory blend of 73% gasoline A and 27% anhydrous ethanol for the composition of gasoline sold at gas stations, Petrobras’ share of consumer price will rise from R$ 2.96, on average, to R$ 2.96. $2.81 for every liter sold at the pump.
“This reduction follows the evolution of international reference prices, which stabilized at a lower level for gasoline, 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”, informed the company in a note.
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Source: CNN Brasil
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