Price Policy for Gasoline and Diesel
Our price policy for gasoline and diesel sold to distributors is based on the import parity price, formed by these products' international prices plus the costs that importers would have, such as transportation and port fees, for example. Parity is necessary because the Brazilian fuel market is open to free competition, and distributors may choose to import the products. In addition, the average price includes a margin that covers risks (such as exchange rate and price volatility).
Gasoline and diesel sold to distributors are different from products marketed at the fuel stations. They are "A-grade" fuels, i.e., gasoline before blending with ethanol and diesel without the addition of biodiesel. The products sold at the end consumer pumps are a blend of "A-grade" fuels with biofuels. The prices we disclose here are for "A-grade" products.
The national considers spot prices, free of taxes, at different points of sale, which vary across the national territory.
The selling price to distributors is not the only factor that determines the end price to the consumer. Since Brazilian law guarantees price freedom on the fuels and oil product market, revisions made by Petrobras may or not be reflected in the final price, which includes taxes and amounts passed on by the other agents operating in the trade sector: Distributors, resellers and biofuel producers, among others.
Using international market prices as a benchmark, we analyze our share of the domestic market and periodically decide whether the prices practiced at the refineries will be maintained, reduced or increased.
Understand the composition of the prices for the end consumer and the entire fuel trade chain at