Brazil's Petrobras cuts diesel prices to distributors

Petrobras announced a further decrease in the price of diesel, which will be reduced by 3.38% for distributors, representing a drop of R$ 0.12 per liter. As of this Friday (18), the average value at refineries will be R$ 3.43 per liter. The final price for the consumer is not the same because taxes and the profit margin of the distributors are levied on the bill. This is the second adjustment in an interval of less than one month, resulting in a…

Brazil’s Petrobras cuts diesel prices in response to falling crude prices

Petrobras, Brazil’s state-run oil giant, has announced that the price of diesel sold to distributors will be reduced by an average of 0.12 real ($0.0205) per litre beginning Friday.According to Reuters, the move follows recent drops in global oil prices and comes only two weeks after US President Donald Trump announced tariffs on several countries on April 2, causing additional uncertainty in global energy markets.The move is Petrobras’ most rec…

Brazil's Petrobras cuts diesel prices to distributors

In This Article: SAO PAULO (Reuters) - Brazilian state-run oil company Petrobras will reduce the price of diesel sold to distributors by an average 0.12 real ($0.0205) per liter starting on Friday, it said in a statement on Thursday. The reduction comes with crude prices falling in recent weeks…

It is the second reduction in the price of diesel in less than a month

Petrobras announced this Thursday (17th) that it will reduce the price of selling diesel to distributors. With the change, which will take effect as of Friday (18), the price of fuel will be, on average, R$ 3.43 per liter, a reduction of R$ 0.12 per liter. With the new adjustment, the state company reported that since December 2022 the price of diesel transferred to distributors has fallen 23.6%, equivalent to R$ 1.06 per liter. Now, Petrobras' …