Petrobras cut gasoline prices by 3.13% for distributors, the first cut since June
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RIO – Petrobras will cut the price of gasoline at refineries by 3.13% from Thursday, the state-owned company said, in the first cut since last June. Despite the decline, fuel is accumulating 67.9% since January. Diesel price will not vary.
distinct: Why, even with the reduction, is the price of gasoline so high?
company movement It was predicted by President Jair Bolsonaro at the beginning of the month. In an interview with Poder 360, Bolsonaro said the state-owned company will start lowering gasoline prices.
– Petrobras begins this week announcing a reduction in the price of fuel. The announcement has already started this week – he said on December 5, while following the final match of the Minas Brasilia Tennis Club football tournament, in Brasilia.
The next day, the Brazilian Securities and Exchange Commission (CVM), the body that regulates the capital market in Brazil, Opening a new administrative process To determine if there is any information leakage.
More stable exchange rates and oil prices
According to Petrobras, the average selling price of gasoline to distributors will increase from R$ 3.19 to R$ 3.09 per liter, starting tomorrow.
The reduction will not reach the final consumer in the same proportion or immediately, because the price charged at service stations consists not only of the fuel itself but also of taxes and distributors’ margin.
Gas:Distributors begin to pass 50% readjustment in pipe gas and CNG
Petrobras said in a statement that the amendment partly reflects the evolution of international oil prices and the exchange rate, which has settled at a lower level for gasoline.
The state-owned company renewed its “commitment to practicing competitive and market-balanced prices, while at the same time avoiding the immediate conversion of internal prices to external exchange rate fluctuations caused by circumstantial events.”
In an assessment of the director of the Brazilian Infrastructure Center, Adriano Pires, the main reflection of the variance in the price of gasoline at this time is the global market concern about the direction of the new alternative to the Ômicron coronavirus.
The fear of a new close, of how the variable will behave, is carefully monitored by the market. Depends on how it develops.
Contrary to what the president declared, for him, without this healthy factor, the value of oil should rise in the medium and long term: – the economy is growing and oil consumption is also. The trend is upward.
With regard to diesel, Pires ignores fluctuations, since the exchange rate and the price per barrel are fixed and must remain.
Evolution of prices in 2021
Takes into account the price in the refinery on the dates of entry into force (per liter)
- 1/1 BRL 1.83 (edited December 29)
- 1/19 R $1.98
- 01/27 BRL $2.08
- 2/9 R $2.25
- 2/19 R $2.48
- 3/2 R $2.60
- 03/09 R$284
- 3/20 R $2.70
- 25/03 BRL $2.59
- 04/16 R $ 264
- 05/01 R $2.59
- 06/12 R USD 253
- 07/06 R $ 269
- 08/12 BRL $2.78
- 09/10 SAR 2,98 USD
- 10/26 BRL $3.19
- 15/12 BRL $3.09
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