Petrobras Increases Prices of Gasoline, Diesel Fuel at Refineries

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Petrobras announced Thursday afternoon an increase in gasoline and diesel prices. According to the state-controlled petroleum giant prices of gasoline at refineries increased by three percent, while prices of diesel oil went up by five percent.

The increases went into effect at midnight on Friday, November 7th. At the pumps these increases will mean consumers will pay an average of six cents more per liter of gasoline and nine cents more for diesel.

This is the first time in eleven months that gasoline prices have gone up. Nonetheless, the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?