On Tuesday (16), Petrobras announced a significant change in its pricing policy. The company will no longer use the import parity price policy (known as PPI) and will adopt a new commercial strategy for fuel price determination. The state-owned company also took the opportunity to immediately adjust the prices of gasoline, diesel, and liquefied petroleum gas (LPG) sold in its distributors. Starting today, May 17th, the price of diesel A at distributors will decrease from R$ 3.46 to R$ 3.02 per liter. This represents a reduction of R$ 0.44 or 12.71%. Likewise, the cost of gasoline A will be reduced by R$ 0.40 per liter (-12.57%) from R$ 3.18 to R$ 2.78. The new commercial strategy uses market references such as the alternative cost for customers, which is the value to be prioritized in pricing, and the marginal value for Petrobras.
Sources: Money Times/G1/Datamar News