Average diesel price drops for the 11th straight week at gas stations, shows ANP

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Data refer to the week of April 16 to 22. Average diesel price falls for the 11th week in a row at stations, shows ANP. Gabriel Bastos/A7 Press/Estadão Content The average price of a liter of diesel at service stations in the country fell for the 11th consecutive week, show data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) released this Monday (24). The survey is for the week of April 16 to 22. ▶️ Diesel: The fuel was marketed on average at R$ 5.73 a liter. The value represents a decrease of 0.52% compared to the R$ 5.76 of the previous week, according to ANP data. The maximum fuel price found at gas stations was R$7.67. ▶️ Context: The results were accounted for by the ANP almost two months after the resumption of federal taxes on gasoline and ethanol – the measure came into effect on March 1. That same week, gasoline rose by 3.34%. It then began a downward trend, which lasted three weeks until prices rose again. Initially, the reenactment caused a stalemate between the political and economic wings of the government. Ministers Fernando Haddad (PT), of Finance, and Alexandre Silveira, of Mines and Energy, explained on February 28th the return of federal taxes. The increases, according to Haddad, were: R$ 0.47 for gasoline R$ 0.02 for ethanol The Federal Revenue Secretary, Robinson Barreirinhas, informed that the partial reinstatement of taxes is valid for four months, until June. It will only be maintained in the second semester if Congress decides to convert the provisional measure into law. At the time, Haddad said that the impacts on the pumps would be smaller, since Petrobras had announced a reduction in gasoline and diesel prices for distributors. “We have a clear objective, which is to rebuild the public budget,” said the minister. Still according to Haddad, with the reduction of gasoline by R$ 0.13 per liter by Petrobras, the final impact to be felt by the consumer would be R$ 0.34 for gasoline. Petrobras reduces the price of diesel for distributors On March 22, Petrobras announced yet another reduction in the price of diesel for distributors. The value goes from R$ 4.02 to R$ 3.84 per liter, a reduction of R$ 0.18 or 4.47%. The measure came into effect the following day (Thursday, the 23rd). The prices of other fuels did not change. The last reduction announced by Petrobras had been on February 28, for diesel and gasoline. In early April, the Minister of Mines and Energy, Alexandre Silveira, announced a change in Petrobras’ pricing policy, with a forecast reduction of up to R$ 0.25 in diesel. Silveira made the statement in an interview with GloboNews. According to the minister, the implementation of the measure will begin after meetings of the company’s board, at the end of this month. VIDEOS: latest economics news

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