According to site G1, Petrobras announced a 2.8% increase in fuel value. The increase comes after importers point out that the rise in international gasoline prices implies a lag, as one industry association said.
The Brazilian state-owned company increased by 2.8% the price in refineries on 11.18.2019.
With the adjustment of about 5 cents, the average price of gasoline should be around R$ 1.84 per liter, higher since the end of May (R$ 1.95), according to data from Petrobras compiled by Reuters.
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