Loading…
Brazil's ANP reported five weekly drops in gasoline and diesel prices, with gasoline down 0.66% and ethanol falling four times. Petrobras raised refinery gasoline prices by about 2.8%, and cooking gas rose.
Fuel stations decide how much of the adjustment to pass on to consumers.
Lower diesel pump prices in Brazil ease logistics costs for feed distribution, although Petrobras' daily pricing policy keeps moves volatile.
en.clickpetroleoegas.com.brPaulo NogueiraJul 9, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
