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Petrobras reduces diesel and gasoline prices by 0.5%

Business

Fuels were readjusted at the refinery. New prices become effective as of Friday (7)

Petrobras announced on Thursday (6), but a cut in gasoline and diesel prices at its refineries. As of Friday (7), the price of the two fuels will retreat 0.5%. The information is on the company's website.

Since last week, the state company began a new format of readjustments, more frequent. This was the second cut since this new policy went into effect. In 1st  July, gasoline cut was 5.9% and 4.8% diesel.

On July 4, prices had risen slightly, and now they have gone through this new cut. The company did not inform the reason for the readjustment. This new policy, according to Petrobras, seeks greater parity with the international market.

Source: Portal Brasil, with information fromPetrobras