According to ANP, in the last week, fuel prices at gas stations have dropped. Gasoline had a decrease of 0.64% and diesel 0.88%
According to data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP), even in the face of a significant decline in oil prices in the international market and the strong cut by Petrobras of the values of its refineries, in the last week, the price of fuel at service stations has fallen.
Even with the retreat for consumers, the drop does not follow the size of the fuel price cut carried out by Petrobras in the refineries.
Impacts of the coronavirus pandemic on global fuel demand led US oil prices to close this Friday with the biggest weekly retraction since 1991. WTI had a 29% retreat between Monday and Friday, and Brent oil had losses of 20% in the same period.
Petrobras, due to the decline in international prices, reduced gasoline prices at its refineries by 12% and diesel prices by 7.5% as of Thursday. The company had already, in the previous week, lowered gasoline by 9.5% and diesel by 6.5%.
According to the ANP survey, the average value of a liter of gasoline for the consumer had a decrease of 0.64%, to R$ 4.486, in the week. And the price of a liter of diesel fell by 0.88% to R$ 3.586. The liter of ethanol dropped 0.83%, to R$ 3.226.
All these values are an average that the ANP calculates with data collected at various stations in cities across the country. Prices vary by region.
price at refineries
On Thursday (19), Petrobras confirmed a cut of 12% in the price of gasoline and 7.5% in the price of diesel in its refineries. As a result, that year the decline in gasoline amounts to 30.1%. And diesel oil price dropped by 29.1%.
The cut in fuel prices is taking place at a time when oil prices are having a sharp drop as a result of the expansion of the coronavirus pandemic in the world and the slowdown of the global economy.
This week, the US benchmark WTI oil lost 29%, the steepest since the beginning of the Gulf War in 1991. Brent crude, meanwhile, lost 20%. Both benchmark contracts have accumulated four straight weeks of declines.