September 18, 2021

The Catholic Transcript

Complete News World

Diesel prices at gas stations are rising again;  Gasoline and ethanol jump in the week |  Economie

Diesel prices at gas stations are rising again; Gasoline and ethanol jump in the week | Economie

According to the survey conducted by the regulator, The average value of diesel in the pumps this week was 4,616 riyals per liter, up 0.35% from last week.

Although recent moves in the price of Brazil’s most consumed fuel were relatively secret, given that at the end of July the diesel was still R$4,588/L, it was enough for the product to adjust for its third consecutive week of gains.

In contrast, regular gasoline saw a significant increase, approaching for the first time the mark of 6 US dollars per liter, according to the ANP.

Fossil fuels posted a 1.53% jump this week, averaging R$5,956 per liter, for the second consecutive week of earnings.

a Petrobras It announced last week an increase of about 3.5% in the average value of gasoline at its refineries to R$2.78/liter, indicating compatibility with international parity.

In addition to the price at refineries, prices at service stations depend on factors such as the mandatory addition of biofuels, distribution and resale margins.

The direct competitor to gasoline at pumps, ethanol’s value rose 2.22% per week, at an average of R$4,497/liter, after moving three consecutive weeks of gains from other fuels.

The prices of biofuels in factories also witnessed remarkable progress. According to Cepea/Esalq, the value of ethanol in São Paulo has only jumped 9.2% since the last week of July.