Brazil has the fourth most expensive gasoline in South America, according to a study released this Thursday (27th) by Cuponation, an online discount platform. the price of Gasoline Brazil (R$ 4.45/l) is just not more expensive than Uruguay (R$ 6.27/l), Peru (R$ 4.89/l) and Chile (R$ 4.47/l).
The result is based on information from Numbeo, a global price database that conducted a survey in early 2020 with 100 countries.
In the world, Brazil occupies the 60th place in the Cuponation ranking. In the global assessment, the most expensive gasoline price was recorded in Hong Kong (R$ 9.69/l), followed by Palestine (R$ 8.32/l) and Israel (R$ 8.05/l).
at the other end
On the other hand, not surprisingly, Saudi Arabia is the country that charges the cheapest gasoline (R$ 1.78/l), the same charged in Kazakhstan. In third place was Egypt, with R$ 2.13/l. Venezuela did not enter the survey.
The oil company maintains prices at refineries in Brazil for gasoline, with the aim of trying to compensate for the losses it obtained throughout 2014, when it kept prices below international prices, to avoid pass-through to inflation
“Although our country does not have the most expensive gasoline in the world, an important point to highlight is that the Brazilian population is increasingly ceasing to use their own car – not only because of the cost of fuel, but also because of the stress and time lost in the car. transit”, assessed Cuponation. (ND More Information)
Petrobras sets fuel prices according to its own criteria and those of the government, which controls the company. The argument is that, in this way, the company avoids transmitting volatility to the consumer – the price does not go up and down all the time.
The high price of fuel is not a problem for the Norwegian population, whose average income is the second highest in the world. Even with expensive fuel, the impact on people's income is well below average, with petrol costs impacting just 0.92% of Norwegian daily earnings.
