Petrobras announces increase in gasoline, diesel and cooking gas – Prime Time Zone

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This is the first increase in fuels under Silva and Luna’s management; new prices are valid from this tuesday

Marcelo Camargo/Brazil AgencyThe rise in fuel prices occurs amid the increase in the price of a barrel of oil on the international market

A Petrobras announced on Monday, 5, the increase in prices of the gasoline, do diesel e do cooking gas in refineries. The new values ​​go into effect on Tuesday, 6. Gasoline will be increased by 6.3%, from R$ 2.53 per liter to R$ 2.69 (an increase of R$ 0.16). Diesel will have an increase of 3.7%, from R$ 2.71 a liter to R$ 2.81 (an increase of R$ 0.10). Liquefied Petroleum Gas (LPG), popularly known as cooking gas, will be increased by 5.9%, from R$ 3.40 to R$ 3.60 kg (an increase of R$ 0.20). The increase raises the price of the 13-kilogram cylinder from R$ 44.20 to R$ 46.80. This is the first adjustment since General Joaquim Silva e Luna took command of the state-owned company in April. Since the beginning of the year, gasoline has accumulated an increase of 46%, while diesel adds up to 39%, and cooking gas, 38%.

The readjustment occurs amid the increase of the Petroleum in the international market. In a note, Petrobras says that it avoids making transfers immediately and that it seeks balance with the international market and the exchange rate. “The alignment of prices to the international market is essential to ensure that the Brazilian market continues to be supplied without the risk of shortages by the different actors responsible for serving the various Brazilian regions.” The state-owned company also claims that the values ​​charged at the refineries are different from those exposed at the fuel pumps. “Until it reaches the consumer, federal and state taxes are added; costs for acquisition and mandatory blending of biofuels in the case of gasoline and diesel; costs for filling by distributors in the case of LPG; in addition to the costs and margins of distribution companies and resellers.”