Petrobras announced a second reduction in the price of diesel sold at refineries starting on Friday (12). The average sale price will decline from R$ 5.41 to R$ 5.19, a cut of R$ 0.22 a liter (4%). Last week, the price had already been cut by 3.56%. According to high-level sources at the oil company, Petrobras’ management foresees a “series of reductions” in fuels from now on, but the plan causes division in the state-owned company’s technical staff while the government bills politically. The reduction represents a drop of R$ 0.22 per liter. This month accumulates a reduction of R$ 0.42 per liter of diesel.
Sources: O Globo/UDOP (*Translated by ia Niani)