Petrobras Updates On Diesel Price Subvention Program

(Petrobras, 29.Oct.2018) — Petrobras, following up on the release disclosed on Sep. 28, 2018, informs that, due to the methodology determined in the National Petroleum Agency (ANP) Resolution nº 743, of Aug. 27, 2018, the average price of diesel established by the company in its refineries and terminals will be R$2.1228/liter from Oct. 30, 2018 to Nov. 28, 2018, which represents a reduction of 10.1% compared to the current average price.

The company will continue the economic analysis of the subvention program for the subsequent periods.

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