A survey carried out by the Petrobras Social Observatory (OSP), an organization linked to the National Federation of Oil Workers (FNP), points out that the readjustment in gasoline and diesel prices announced by Petrobras is the largest since January 2021, when the escalation of oil prices began. fuel prices in the country. The increase of 18.7% for gasoline and 24.9% for diesel S-10, were announced on Thursday (10) by the state-owned company.
This is the second time this year that Petrobras has increased the value of gasoline and diesel sold at its refineries. The first adjustment was on January 12, with an increase of 4.9% in the price of gasoline and 8.1% in the liter of diesel S-10.
According to the study, with this new increase, gasoline should exceed R$ 7 in the national average and diesel may reach an average value of R$ 6.46 at gas stations.
The survey also points out that, since January last year, the biggest increase had been recorded on February 19, 2021. At the time, gasoline was 10.2% more expensive and diesel, 15.2%. In this period, including today’s high, Petrobras has already increased the price of gasoline 13 times and 11 times that of diesel.
Despite the new adjustment, the Mataripe Refinery, in Bahia, privatized in December last year, continues with prices above the state-owned company’s average. Acelen, manager of Mataripe, sells a liter of gasoline 6.8% and diesel 2.8% above the Petrobras average. In relation to gasoline, it is the highest price among all refineries in the country.
“Fuel was already responsible for almost half of last year’s inflation. In 2021, Petrobras sold oil and oil products at the highest prices in its history, as the company’s financial statements show, including generating a profit above R$ 100 billion”, says Eric Gil Dantas, economist at OSP and the Brazilian Institute of Political Studies and Social (Ibeps).
The economist completes saying that Brazil has resources to contain the rise in prices. “We have a lot of oil and a large refining park and we don’t need to be held hostage by international prices. Petrobras is in a position to hold prices for the benefit of the Brazilian population, without causing them any losses”, he concludes.
Source: CNN Brasil

I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.