Petrobras announced on the 15th that it will raise gasoline and diesel prices again from April 16th. So far this year, The Price Of PetrobraS’ Diesel Has Risen By 43.47 Percent And 36.63 Percent, Respectively.
After the price adjustment, Petrobras gasoline will rise to 2.64 reais per litre (about 3.04 yuan) and diesel will rise to 2.76 reais per litre (about 3.2 yuan), up 1.9 percent and 3.8 percent from the previous price, respectively.
In its price increase announcement, the company said it would recalibrate oil prices from time to time based on market conditions and analysis of the external environment, thereby enhancing the company’s market competitiveness and avoiding the impact of external market fluctuations on domestic prices.
Petrobras announced on May 5th that it would raise the ex-factory price of natural gas by 39% from May 1st. With Petrobras set to assess the choice of a new chairman and chief executive on Thursday, there is widespread speculation that the company’s oil and gas prices will fluctuate in the near future.
