Petrobras announces new gasoline price reduction to distributors

Petrobras announces new gasoline price reduction to distributors
Petrobras announces new gasoline price reduction to distributors

This Thursday (1st) Petrobras confirmed the statement by President Jair Bolsonaro (PL) and will reduce the price of gasoline for distributors by R$ 0.25, per liter, as of Friday (2). That is, the average price will go from R$ 3.53 to R$ 3.28 per liter.

On Wednesday (31), during a reelection campaign event in Curitiba, President Bolsonaro said that “we are for the free market. This reflects positively on what is happening today in our economy. Every week we have good news about fuels. Today is Wednesday, I think by Friday there will be more good news, because it is being a practice of the new president of Petrobras”, announced the president.

According to Petrobras, “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$ 2.57, on average, to R$ 2.39 for each liter sold at the pump”.

On Twitter, Bolsonaro commented on the reduction in the sale price of gasoline for distributors.

The state-owned company also justified that the reduction “follows the pricing practice of Petrobras, which seeks to balance its prices with the market, but without passing on to domestic prices the conjunctural volatility of international quotations and the exchange rate”, ends the statement.

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The article is in Portuguese

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