Average price of gasoline rises again at stations after 4 straight weeks of decline, shows ANP

Average price of gasoline rises again at stations after 4 straight weeks of decline, shows ANP

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Survey refers to the week of August 6th to 12th. G1 Calculator helps you choose the most advantageous option when fueling up. Average price of gasoline rises more than 5% and goes to R$ 5.67 at gas stations. Reuters The average price of gasoline rose again at stations in the country after four straight weeks of decline. This is what data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) show, released this Friday (11). The survey refers to the week of August 6th to 12th. See below, in the g1 calculator, which is the most advantageous option when fueling up. ▶️ Gasoline: Fuel was sold, on average, at R$ 5.53. The increase was 0.18% compared to the previous week’s R$5.52, according to ANP data. The maximum fuel price found at gas stations was R$7.30. ▶️ Ethanol: The average price of ethanol, in turn, fell for the 5th week in a row, to R$ 3.59 in the last week. The retreat was 0.83% compared to the R$ 3.62 of the previous week. The highest price identified by the ANP was R$6.29. ▶️ Diesel: The liter of diesel hit the second consecutive increase and was found at gas stations, on average, at R$ 5. The increase was 1.21% compared to the R$ 4.94 of the previous week. The most expensive value found by the agency in the week was R$ 7.19. g1 Calculator Check which fuel is more worthwhile: How does the calculator work? The average calculation is based on the price and performance of each fuel. With the oscillation of prices for gasoline and ethanol at gas stations, the most advantageous option may vary. According to specialists, ethanol is more worthwhile when it costs up to 70% of the price of gasoline. Understand calculus. Fuel reduction Petrobras announced on June 30 a new reduction in the price of gasoline for distributors. The measure went into effect the following day. A liter of fuel went from R$ 2.65 to R$ 2.52, a reduction of approximately R$ 0.14 a liter, or 5.3%. Until then, the last gasoline reduction had been announced by Petrobras on June 15th. The last cut in the cost of diesel took place on May 16th. It is worth remembering that the prices charged by gas stations take into account, in addition to taxes, the profit of distributors and resellers. Return of taxes At the end of June, the federal government also raised federal taxes on gasoline and ethanol. The increase in taxation was, in practice, R$ 0.34 per liter for gasoline and R$ 0.22 per liter for ethanol, according to information from Abicom. ICMS on gasoline On June 1st, the change in the method for charging ICMS (Tax on Circulation of Goods and Services) on gasoline in the Brazilian states became effective. The change established the collection of the state tax at a fixed rate (in reais) of R$ 1.22 per liter. The value is valid for all states. Since then, the price of fuel at gas stations has increased from R$5.21, in the week of May 28 to June 3, to the current R$5.52 — an increase of 5.95%. Change in pricing policy On May 16, Petrobras announced a change in its pricing policy. Since then, the state company no longer obeys the international parity policy (PPI), which readjusted the price of fuel based on changes in the dollar and the price of oil abroad. Now, the company will take two points as a reference for determining its prices: the customer’s alternative cost, as a value to be prioritized in pricing; the marginal value for Petrobras. ‘Price limit’ On August 4, the Minister of Mines and Energy, Alexandre Silveira, said that Petrobras reported being “at the marginal price limit” and that the oil company should readjust fuel prices in the country in case of fluctuation up in the foreign market. The statement was made during an interview with GloboNews’ “Em Ponto”. “They explicitly said that they were at the limit of the marginal price and that, if there was any upward fluctuation from now on, they would pass it on to the price of fuel and its derivatives”, said Alexandre Silveira. In the interview, the minister also denied that there is government intervention in defining policies for Petrobras. “There is no intervention in Petrobras and the directors are responsible in their CPF for the pricing policy, which cannot harm investors who believe in Petrobras, much less the Brazilian government, and the Brazilian people who are its shareholders”, he said. VIDEOS: latest economics news

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