Petrobras (PETR4) announces a further reduction in the price of gasoline

Economy

Laura Intrieri

Laura Intrieri

THE Petrobras (PETR4) announced this Thursday morning (1) a further reduction in the price of gasoline in Brazil.

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Banner-Noticias-1000x325-20.jpg

O fuel price sold to distributors will be reduced by 7.08% by Petrobras. As of Friday (2), the price of a liter will go from R$ 3.53 to R$ 3.28, a reduction of R$ 0.25.

The price of other fuels has not changed.

The new change in gasoline price had already been changed on the 16th of August.

Since August 12, the price of a liter of diesel has remained at R$ 5.19.

“This reduction follows the evolution of reference prices and is consistent with Petrobras’ pricing practice, which seeks to balance its prices with the market, but without passing on to domestic prices the conjunctural volatility of international quotations and the interest rate. exchange”, says Petrobras in a note.

Considering the standard mixture of 73% gasoline and 27% anhydrous ethanol for the composition of gasoline sold at service stations, Petrobras’ share of each liter of gasoline sold at the pump will increase from R$2.57 to R$2.39, average.

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Noticias-Materia_-Desktop-1000x325_metod

Petrobras has already made other reductions

This is the third reduction that the oil company makes in the price of gasoline sold to distributors.

The first was on July 19, when the company informed that the price of fuel would be reduced by R$0.20 per liter, from R$4.06 to R$3.86.

After that, at the end of the same month, Petrobras carried out another reduction. This time, R$ 0.15 per liter would be removed from the price of fuel to distributors, causing the price to rise from R$ 3.86 to R$ 3.71 per liter.

President Jair Bolsonaro (PL) said on Wednesday (31) that Petrobras should announce “one more good news” by the end of the week.

According to him, good news has been a “practice” of the new director of the oil company, Caio Paes de Andrade, who took over the company in June.

“Fuel… every week we have good news. Today is Wednesday. I think that by Friday there will be more good news, because it is being a practice of the new president of Petrobras”, he said in an interview with SBT.

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Noticias_-Internas-860x230_snci_cotistas


The article is in Portuguese

Tags: Petrobras PETR4 announces reduction price gasoline

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