Fuels

Brazil's Petrobras increases jet fuel prices by about 7%

Reuters
05/05/2022 14:38
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Brazilian state-run oil company Petrobras (PETR4.SA) increased its jet fuel prices in several cities starting on Sunday, data published on the firm's website showed.

 

The average hike was close to 7%, according to Brazilian airlines association Abear. Kerosene prices have climbed by about 49% this year.

 

The company had already increased prices for jet fuel in early April.

 

Petrobras did not immediately comment on the matter.

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