The increase in gasoline and the approval of ethanol

Petrobras reported that the price of gasoline will have a new adjustment in refineries, thus confirming the announcement that was made yesterday (18), by the Brazilian Association of Importers of Fuels, which informed the ninth adjustment of Petrobras only that year.

The disclosure of the increase coincides with the moment when the sale of ethanol at the gas stations was granted, in a way that simplifies the sales process, allowing the producing plants to carry out the commercialization directly at the dealer's stations. José Mauro Ferreira Coelho, Secretary of Oil, Natural Gas and Biofuels, believes that this factor will increase the number of competitors and could result in possible reductions in fuel prices.

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