Petrobras Increases Diesel Price

(Petrobras, 17.Apr.2019) — Petrobras has decided to increase the diesel price by R$ 0.10/liter, which implies a minimum variation of 4.518% and a maximum of 5.147% in its 35 points of sale in Brazil. This increase will be effective as of tomorrow, 04/18/19.

The price established by Petrobras represents, on average, 54% of the diesel price at service stations. The average diesel price to consumers in Brazil is 13% lower than the global average, with 105 countries with prices higher than ours, according to globalfuelprices.com.

The adjustment took into account the protection mechanisms, through the financial derivatives, and the variations of the other items that make up the Import Parity Price (PPI), especially the recent reduction of maritime freight.

Petrobras reaffirms the strict observance of the alignment of its prices with international parity.

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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