Petrobras Raises Diesel Price, Offsets Increase with New Brazil Subsidy
7 Articles
7 Articles
Understand as a diesel readjustment will be compensated for government subsidy, maintaining Petrobras' price for distributors.
The realignment of R $ 1.00 in the price per litre of diesel, announced by Petrobras (PETR3;PETR4) on Thursday (17) and which comes into effect from tomorrow, should not reach the distributors thanks to the government subsidy. The measure also reduces the lag between the prices of the state and the reference of the price policy. [...]
This content was originally published in Agora RN - Rio Grande do Norte News Portal. Visit https://agorarn.com.br for more Christmas and RN news. Petrobras increased the selling price of A diesel oil to distributors by R$ 1 per litre from Thursday 17. The readjustment, however, is accompanied by a discount of the same value, linked to the economic subsidy created by the Federal Government, keeping unchanged the price charged by the state at this…
Itaú BBA, Goldman Sachs and XP assess the impact of the R$ 1 readjustment per litre and see difference for import parity still relevant
Petrobras announced the increase of R$ 1 per litre of diesel, however government subsidy regulated on Wednesday secure prices
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