Brazil: Average gasoline price hits record high, liter costs US$1.43

Gasoline price rises for the 4th consecutive week without a readjustment by Petrobras and reaches the highest level in ANP's historical series. The highest price was recorded in Santa Catarina state at R$8.999 (US$1.77).

RIO DE JANEIRO, BRAZIL - The price of gasoline rose for the 4th consecutive week at the pumps, according to data from Brazil's National Agency of Petroleum, Natural Gas, and Biofuels (ANP) released on May 6. The average price from May 1 to 6 is the highest in the ANP's historical series: R$7.295 (US$1.43) per liter.

The highest price . . .

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