Gasoline and ethanol prices rise at gas stations during the week, says ANP; diesel pulls back

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 Gasoline and ethanol prices rise at gas stations during the week, says ANP; diesel pulls back


SAO PAULO (Reuters) – Average prices for gasoline and ethanol at gas stations in Brazil rose over the week, while the average value of diesel fell, data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP) showed this Friday.


Car is fueled with fuel at a gas station in São Paulo


© Reuters / Sergio Moraes
Car is fueled with fuel at a gas station in São Paulo


The average price of gasoline at pumps rose by an average of 0.55% compared to the previous week, at R $ 4,368 per liter, according to the regulator.

Diesel, the most used fuel in Brazil, decreased 0.43% in the period, with a liter costing an average of 3.457 reais.

This week, Petrobras raised the price of gasoline at its refineries by 6%, while diesel increased by 5% in the first readjustment in November – which occurred after two consecutive cuts in the price of gasoline and one in the price of diesel in the month past. [nL1N2HX1M5] The transfer of readjustments to final consumers at the service stations, however, depends on a series of factors, including distribution and resale margins, taxes and mandatory addition of anhydrous ethanol.

Concurrent with gasoline at the pumps, ethanol advanced 0.66% in the weekly comparison, reaching an average value of 3.071 reais per liter, according to the ANP.

The regulatory agency recently resumed the disclosure of its weekly fuel price survey, which had been halted in August to change the survey format, after the contract with the company that did the work was closed.

(By Gabriel Araujo; Edition by Luciano Costa)

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