Petrobras Reduces Gasoline Sales Prices for Distributors

Source: www.gulfoilandgas.com 7/19/2022, Location: South America

The average sale price of gasoline from Petrobras to distributors will go from R$4.06 to R$3.86 per liter, a reduction of R$0.20 per liter.

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 prices will rise from R$2.96, on average, to R$2.81 for every liter sold at the pump.

This reduction follows the evolution of international reference prices, which stabilized at a lower level for gasoline, and is consistent with Petrobras' pricing practice, which seeks to balance its prices with the global market, but without passing it on to the internal prices of the cyclical volatility of international quotations and the exchange rate.

Transparency is essential

In order to contribute to price transparency and a better understanding of society, Petrobras publishes information on its website regarding the formation and composition of fuel prices for consumers.


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