Fuels

Petrobras announces reduction of gasoline prices at refineries

T&B Petroleum/Agência Brasil
19/03/2021 11:49
Petrobras announces reduction of gasoline prices at refineries Imagem: Divulgation Visualizações: 3172 (0) (0) (0) (0)

Petrobras announced today (19) that the average price of gasoline at its refineries will decrease by R $ 0.14 per liter, which represents a fall of 4.95%. The readjustment will take effect from tomorrow (20). The average price of fuel will be R $ 2.69 per liter. Diesel does not change, remaining at R $ 2.86 per liter.

 

The impact of the readjustment at refineries, however, does not have an immediate impact on the cost of gasoline at gas stations. According to a note released by the state-owned company, the upward or downward variations are associated with the international market and the exchange rate and have limited influence on the amount passed on to final consumers.

 

"As Brazilian legislation guarantees freedom of prices in the fuel and oil products market, the change in the final price will depend on transfers made by other members of the fuel chain. Until reaching the consumer, federal and state taxes, costs for acquisition and mandatory mixing are added of anhydrous ethanol, in addition to the gross margins of the distributing companies and the fuel retail stations, "says the note.

 

This is the first reduction announced in 2021. Since January, the average price of gasoline has already undergone six increases. With the new announcement, fuel starts accumulating an increase of R $ 46.2% since the beginning of the year. Diesel, however, rose 41.6%.

 

The sequence of increases has generated public criticism from President Jair Bolsonaro. Last month, he announced a change in command at Petrobras, nominating General Joaquim Silva and Luna for the presidency. He should replace Roberto Castello Branco, whose term ends tomorrow (20). The announcement of the exchange led to a drop in the company's shares.

 

On Tuesday (16), the Petrobras People Committee considered that Luna fulfills the legal requirements for the nomination and considered him fit to exercise the position. The general has yet to be elected at a general shareholders' meeting called for April 12. Then, his name must be approved by the State's Board of Directors, composed of 11 members. Seven of them are appointed by the Federal Government, which is the majority shareholder, three by the other shareholders and one by employees.

Most Read Today
see see
BOGE2026
Bahiagás Highlights Bahia’s Leading Role in the Energy T...
30/05/26
Investments
Petrobras Announces Investments of More Than R$ 70 Billi...
30/05/26
BOGE2026
Benel Marks Presence at Bahia Oil & Gas Energy and Annou...
30/05/26
BOGE2026
Oil States Reinforces Commitment to Innovation and Opera...
29/05/26
BOGE2026
PetroReconcavo Discusses the Future of Oil and Gas at Ba...
29/05/26
BOGE2026
Lumina Group Makes Its Presence Felt at Bahia Oil & Gas ...
29/05/26
BOGE2026
Bahia Brings Together Industry, Innovation, and Business...
28/05/26
Royalties
Amounts related to March production for concession and t...
28/05/26
BOGE2026
Oil & Gas Expansion Boosts Demand for Industrial Waste T...
28/05/26
BOGE2026
BRAVA Energia Marks Presence at Bahia Oil & Gas Energy 2...
27/05/26
IBP
Brazil Can Expand Its Prominence as a Global Energy Supp...
27/05/26
Investments
Petrobras and Transpetro announce R$ 2.8 billion in inve...
27/05/26
International Company News
Jumbo orders a new class of versatile heavy lift vessels
27/05/26
BOGE2026
The Largest Oil and Gas Event in the North and Northeast...
25/05/26
BOGE2026
With production on the rise, independent players lead di...
25/05/26
ANP
ANP Workshop Debates Boosting Oil and Gas Exploration in...
25/05/26
BOGE2026
ANP participates in Bahia Oil & Gas Energy 2026, in Salvador
25/05/26
Fenasucro
Future Fuel consolidates Brazilian pioneering role and b...
20/05/26
Partnership
Radix partners with Repsol Sinopec Brasil and PUCRS to c...
20/05/26
Communication
The behind-the-scenes story of communication and adverti...
20/05/26
Result
Total oil production under production-sharing regime hit...
20/05/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.