SAO PAULO: Brazilian state-run oil firm Petrobras elevated jet fuel prices by roughly 11 per cent in a number of areas from Wednesday, information printed on the agency’s web site confirmed on Thursday.
In Guarulhos, the place Brazil’s busiest airport is positioned, kerosene prices had been raised by 11.2 per cent to five.626 reais ($1.18) per liter, whereas in Rio de Janeiro’s Duque de Caxias refinery they went up by 11.3 per cent, in line with Petrobras.
Petroleo Brasileiro SA, as the corporate is formally identified, has been growing jet fuel prices month-to-month in 2022 because it seeks to trace rising worldwide oil prices.
Since the start of the yr, it has raised kerosene prices in Guarulhos by 64.4 per cent.
Jet fuel accounts for greater than a 3rd of airline prices, in line with native affiliation Abear. Azul SA and Gol Linhas Aereas Inteligentes SA are a few of Brazil’s largest carriers.
Brazil’s Petrobras raises jet fuel prices by 11 per cent, Energy News, ET EnergyWorld & More Latest News Update
Brazil’s Petrobras raises jet fuel prices by 11 per cent, Energy News, ET EnergyWorld & More Live News
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Brazil’s Petrobras raises jet fuel prices by 11 per cent, Energy News, ET EnergyWorld & More News Today
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