Petrobras will lower the cost of gasoline sold at refineries by BRL 0.13 per liter on Friday 16. As a result of the reduction, the sale price of gasoline will drop to BRL 2.66 per liter, down 4.66%. Petrobras’ most recent price cut for gasoline took effect on May 16. It is the State-owned company’s fourth decrease in gasoline prices at refineries this year. “Considering the mandatory blend of 73% A gasoline and 27% anhydrous ethanol for the composition of gasoline sold at pumps, Petrobras’ share in the consumer price will be, on average, BRL 1.94 for each liter sold at the pump,” said Petrobras.
Sources: Valor Econômico/Uniao Nacional da Bioenergia (*Translated by Ia Niani)