DIESEL PRICES TO FALL IN AUGUST

Petrobras’s diesel prices will be cheaper as of Friday (5). The average price of a liter will go from BRL 5.61 to BRL 5.41 per liter, down 3.57% (0.20 per liter). “This fall follows the evolution of reference prices, which had been stabilized at a lower level, and are consistent with Petrobras’ pricing practice, which seeks to balance its prices with the global market without passing it on to the internal prices of the cyclical volatility of international quotations and the exchange rate”, said Petrobras in a note. The company’s share of the consumer price will rise from BRL 5.05, on average, to BRL 4.87 for each liter sold at the pump.

Sources: Portal G1/UDOP (*Translated by Ia Niani)