Diesel consumption slows at the end of June

The Ministry of Mines and Energy (MME) reported, last Monday (6), that the sale of diesel in Brazil recorded a drop of 2.4% in June, compared to the same period in 2019. The result then indicated a slowdown in fuel consumption in the final stretch of the month.

Gasoline sales fell 7.6% in June compared to the previous year, while ethanol sales fell even higher last month, 23.4%, at a time when the country's sugarcane mills remain focused on sugar production, to the detriment of biofuel. Meanwhile, the commercialization of kerosene for aviation sank 75.1% year-on-year, according to the ministry.

Fuel consumption has had a strong impact from social isolation measures and movement restrictions imposed to contain the coronavirus pandemic. In the same period, the global utilization factor of oil refineries in Brazil has shown consecutive days of decline, the government said.

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