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Fuel

Petrobras reports on fuel prices due to events in Saudi Arabia

09/17/2019 | 17h30
Petrobras reports on fuel prices due to events in Saudi Arabia
Divulgation Divulgation

Petrobras informs that, due to the latest events in Saudi Arabia, follows the process of monitoring the international market.

 

The company points out that, according to its prevailing pricing practices, there is no pre-defined periodicity for applying adjustments.

 

Recognizing that the oil market is volatile and that the sudden price reaction to the event may be mitigated as further clarification on the impact on world production is known, Petrobras decided to analyze the market in the coming days. and not make an adjustment immediately.

 

The company will continue to monitor the market and will make timely decisions on future price adjustments.



Font: Petrobras Agency
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