Strong reduction in the price of fuels, in Brazil, starting today: diesel will decrease by 12.8%, also marking decreases in petrol (-12.6%) and cooking gas (-21.3%). The novelty was announced by the president of Petrobras, Jean Paul Prates, as part of the end of the pricing policy linked to international values. “We will have predictability, full transparency and less volatility.
We will be less subject to international speculative volatility, which will lead to a nationalization of the price,” said Prete. “Does this represent a return to the past? No, because we are not leaving the international price reference”, added the executive, appointed as head of the state oil company by the President of the Republic, Luiz Inacio Lula da Silva, immediately after his arrival in government.
Source: Ansa
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