Brazil’s state-owned Petrobras drives diesel prices up by a further 8.9%

The average price in the refineries will go from R$4.51 (US$0.88) to R$4.91 as of Tuesday, May 10; gasoline had no increase.

RIO DE JANEIRO, BRAZIL - On May 9, Petrobras announced a further 8.9% increase in diesel prices at refineries, against the express wishes of President Bolsonaro. From May 10, the average price per liter will go from R$4.51 (US$0.88) to R$4.91. The most recent readjustment was made 60 days ago, on March 11, when the company Subscribe to our Premium Membership Plan. Already Subscribed?