Brazil Regulator Probes Petrobras' LPG Auctions over Suspected Price Gouging
8 Articles
8 Articles
The vertam, carried out on Wednesday 31st, lasted about six hours and recorded more than 100%.
President Lula announced, during an event in Salvador, his intention to cancel the gas leión of the kitchen carried out by Petrobras this week, which recorded up to 118% of the price of the table practiced by the state. According to the data presented, the state maintains the price of the 13 kg bottle in R$ 34,70 from July 2024 for the regular rates of distributors. However, in the leión carried out on Wednesday (3), the values were fired in dif…
Petrobras is considering canceling the LPG (Liquefied Petroleum Gas) auction, the cooking gas used in cooking, held on March 31st by the state-owned company. This information comes from Folha de S.Paulo. In the auction, Petrobras sold a volume of cooking gas equivalent to 11% of the consumption projected for April. The bidding drove up prices: bids started with a premium of around 30% over the refinery value and, in the end, reached up to 117% i…
Lula defended the cancellation of GLP leions (coin gas) by Petrobras. Read in the People's Journal.
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