Friday, April 16, 2021

Petrobras announces 5th readjustment of gasoline and fuel rises more than 41% in 2021 – Prime Time Zone

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Diesel also undergoes changes and accumulates an increase of 34.1% in the year; new values ​​are announced amid the change of command at the state-owned company

Fernando Frazão / Agência BrasilState-owned company announces new readjustments amid the change of command after interference by Jair Bolsonaro

A Petrobras announced a new readjustment for fuels and cooking gas starting this Tuesday, 2. The value of gasoline for distributors, it will be R $ 2.60 per liter, reflecting an average increase of R $ 0.12 per liter in the sale price – an increase of 4.8%. This is the fifth fuel readjustment in 2021. Since the beginning of the year, gasoline has increased 41.3% to distributors. In turn, the average selling price of diesel in refineries it will be R $ 2.71 per liter, representing an average increase of R $ 0.13 per liter – variation of 5%. Diesel oil has already been readjusted four times in 2021 and accumulates an increase of 34.1%. The state-owned company also announced a new increase for Liquefied Petroleum Gas (LPG), popularly known as cooking gas, to R $ 3.05 per kg (equivalent to R $ 39.69 per 13 kg), reflecting an average increase of R $ 0.15 per kg (equivalent to R $ 1.90 per 13 kg) – 5.1% increase.

In a note, Petrobras affirms that the price of the products follows the policy of parity with the international price adopted by the company, and that the readjustment to the distributors does not mean the increase in the price at the pumps. “It is also important to emphasize that the values ​​practiced in refineries by Petrobras are different from those perceived by the end consumer in retail. Until it reaches the consumer, federal and state taxes are added, costs for acquisition and mandatory mixing of biofuels by the distributors, in the case of gasoline and diesel, in addition to the costs and margins of the distribution companies and fuel resellers ”, he informs.

The new readjustments take place amid the change of command at Petrobras after President Jair Bolsonaro (without a party) intervened to replace Roberto Castello Branco with General Joaquim Silva and Luna. The measure, seen by the market as a threat to the independence of the oil company, triggered a flight of investors and caused the company’s value to plummet R $ 100 billion in just over three days last week. Castello Branco’s departure came days after Petrobras announced a new readjustment for diesel and gasoline. Last Thursday, 25, the state-owned company reported a profit of R $ 7.1 billion last year after managing to reverse three quarters of losses in a surplus of R $ 60 billion in the last three months of the year.

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