Petrobras raises gasoline prices for distributors

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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%. Gas pump at a gas station in Macapá Jorge Júnior/Rede Amazônica Petrobras announced this Tuesday (24th) that it will increase the price of gasoline for distributors as of January 25th. The other fuels did not change their prices. This is an increase 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%. 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. Prices at service stations It is worth remembering that the final value of fuel prices at the pumps depends not only on the amounts charged at refineries, but also on taxes and on the profit margins of distributors and resellers. Service stations are free to set the prices charged; thus, the fall in the price charged by Petrobras may take time — or not even reach — the pumps. 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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