# Brazil’s Diesel Market Shifts Amid Trump Tariffs, Petrobras Cuts - EnergiesNet

> Petrobras cut wholesale diesel prices by 4.6% on April 1 to about R3,550 per cubic metre. Trump's reciprocal tariffs then triggered a sell-off, with NYMEX ULSD futures falling more than 10% between April 2 and 8 to a near four-year low.

- Date: 2025-04-10 · published 2025-04-10T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/12528-brazil-s-diesel-market-shifts-amid-trump-tariffs-petrobras-cuts-energiesnet
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Cheaper imported diesel and falling futures are pressuring Brazilian diesel prices, which lowers freight and processing costs. Tariff-driven demand concerns also weigh on global energy prices.

## Read by commodity

- DIESEL: bearish ▼
- USDBRL: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2025-04-07 | 5 | -10.4% | -3.0 | NYMEX ULSD fell more than 10% between April 2 and 8 after the tariff sell-off, confirming the cause and size of the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-05-31 | [Stock Up on Avocados – Mexico Tariffs Announced by Trump - Mansfield Energy](https://feedsoft.ai/events/10410-stock-up-on-avocados-mexico-tariffs-announced-by-trump-mansfield-energy.md) | -6.1% | +2.0% |
| DIESEL | 2022-09-14 | [Diesel margins tank as market weighs possible China exports \| Air Freight News](https://feedsoft.ai/events/39779-diesel-margins-tank-as-market-weighs-possible-china-exports-air-freight-news.md) | -5.5% | +15.1% |
| DIESEL | 2022-05-14 | [Latin American diesel markets ease as sources other than US Gulf Coast emerge – The Energy Bulletin Daily](https://feedsoft.ai/events/11774-latin-american-diesel-markets-ease-as-sources-other-than-us-gulf-coast-emerge.md) | -15.4% | -5.7% |
| DIESEL | 2025-03-28 | [Distillate summary: West of Suez diesel margins slide on tariffs](https://feedsoft.ai/events/25788-distillate-summary-west-of-suez-diesel-margins-slide-on-tariffs.md) | -4.3% | -4.9% |
| DIESEL | 2016-12-15 | [Market Eye: US Spot Offers Signal Diesel Oversupply \| Energy Intelligence](https://feedsoft.ai/events/73663-market-eye-us-spot-offers-signal-diesel-oversupply-energy-intelligence.md) | +0.0% | +0.9% |
| USDBRL | 2023-07-25 | [Brazil is pushing the US out of world’s biggest soybean market](https://feedsoft.ai/events/35070-brazil-is-pushing-the-us-out-of-world-s-biggest-soybean-market.md) | +0.2% | +5.4% |
| USDBRL | 2018-09-26 | [Graphic: Crop chop - China shuns U.S. soybeans amid trade war, turns to Brazil](https://feedsoft.ai/events/63061-graphic-crop-chop-china-shuns-u-s-soybeans-amid-trade-war-turns-to-brazil.md) | -4.8% | -9.7% |
| USDBRL | 2025-04-16 | [Dry Weekly Market Monitor: Grain Dry Bulk Flows (Brazil Vs U.S.A) \| World Ports Organization](https://feedsoft.ai/events/16950-dry-weekly-market-monitor-grain-dry-bulk-flows-brazil-vs-u-s-a-world-ports.md) | -2.4% | -4.7% |

## Sources

- energiesnet.com: https://energiesnet.com/brazils-diesel-market-shifts-amid-trump-tariffs-petrobras-cuts/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.