Petrobras gasoline becomes more expensive for distributors as of today

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Value goes from R$ 3.08 to R$ 3.31 per liter; the nominal increase is R$ 0.23 per liter, which represents an increase of 7.46%. Gasoline pump at a gas station in Macapá Jorge Júnior/Rede Amazônica Gasoline prices sold by Petrobras to distributors are higher as of this Wednesday (25). The other fuels did not change their prices. The value went from R$ 3.08 to R$ 3.31 per liter. The nominal increase is R$ 0.23 per liter, up 7.46%. The last readjustment of gasoline prices had been carried out in December, with a reduction of 6.1%. At the previous level, Brazilian gasoline prices were traded below international market prices. The last time gasoline prices rose was on June 18, 2022. READ MORE ECONOMICS: Gasoline should boost February inflation, but it is too early to measure the impact this year, says FGV Ibre INFLATION: IPCA-15: preview of inflation stays at 0.55% in January AMERICANAS: ‘Americanas bankrupted me and now I fear I’ll never get my money back’ The 7.46% gasoline increase announced by Petrobras is in effect of fuel at pumps depends not only on amounts charged at refineries, but also on taxes and profit margins of distributors and resellers. Service stations are free to set the prices charged; thus, when there is a drop in the price charged by Petrobras, the difference may take a long time or not reach the pumps at all. According to Petrobras, the mandatory mixture of 73% A gasoline and 27% anhydrous ethanol for the composition of the gasoline sold at the service stations means that the portion that remains with the company is, on average, R$ 2.42 each liter sold at the pump. “This increase accompanies the evolution of reference prices and is consistent with Petrobras’ pricing practice, which seeks to balance its prices with the market, but without passing on to domestic prices the conjunctural volatility of quotations and the exchange rate “, says Petrobras.

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