Economy

Petrobras announces fuel price adjustment

Gasoline and diesel up 3% and 5% respectively

Vladimir Platonow reports from Agência Brasil

Published on 07/11/2014 - 09:07

Rio de Janeiro

Gasolina — © Imagem de Arquivo/Agência Brasil

State-owned oil company Petrobras announced that it is going to adjust fuel prices. Gasoline and diesel will be sold from refineries for 3% and 5% more respectively as of Friday (Nov. 7).

The increase was decided Tuesday (Nov. 4) during a meeting of the Board of Directors. Petrobras explained that the adjustment applies to prices before tax.

Translated by Mayra Borges

Fonte: Petrobras announces fuel price adjustment