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🚨 PETROBRAS ANNOUNCES GASOLINE PRICE HIKE
Petrobras has announced a price increase of R$ 0.48 per liter for distributors starting this Friday (29/05).
Despite the gross adjustment at the refinery, the expected real impact at the pumps is only R$ 0.04 per liter. This is due to a R$ 0.44 discount via federal subsidy approved by the government to mitigate the effects of the international oil crisis on the domestic market.
Key points for the market:
Gross adjustment at refineries: +R$ 0.48/liter
Government subsidy: -R$ 0.44/liter
Estimated net impact on distributors: +R$ 0.04/liter
Maximum expected impact on end consumers at stations: +R$ 0.03/liter (due to mandatory mixing with ethanol)
This measure aims to restore the margins of the state-owned company amidst international crude oil volatility, partially shielding the end consumer and domestic inflation through the subsidy policy.
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