Apr 18, 2025
SAO PAULO – In response to recent fluctuations in global crude prices, Brazilian state-run oil giant Petrobras has announced a reduction in diesel prices. The price cut, which will see diesel sold to distributors at an average of 0.12 real ($0.0205) less per liter starting Friday, was confirmed in a statement released on Thursday.
The decision comes after a period of declining crude prices, influenced by tariffs imposed by U.S. President Donald Trump on several countries earlier this month. Petrobras’ Chief Financial Officer, Fernando Melgarejo, highlighted that the adjustments were driven by changes in the exchange rate and the movement of Brent crude oil prices. “We have a fundamentalist analysis of prices, and within this analysis we understand that the adjustment was appropriate at this moment, mainly due to the movement of the Brent,” Melgarejo stated.
Speculation about a potential reduction in fuel prices had been circulating following the tariff announcement, with Mines and Energy Minister Alexandre Silveira engaging in discussions with Petrobras Chief Executive Magda Chambriard. Despite the conservative nature of the price cut, Eduardo Oliveira de Melo of Raion Consultoria noted that his firm had projected a possible reduction of up to 0.30 real. According to data from the IndexBox platform, the Brazilian diesel market has been experiencing fluctuations in line with global trends, impacting the overall pricing strategy of Petrobras.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
REPORT DESCRIPTION
RESEARCH METHODOLOGY AND AI PLATFORM
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
KEY FINDINGS
MARKET TRENDS
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PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
MARKET SIZE
MARKET STRUCTURE
TRADE BALANCE
PER CAPITA CONSUMPTION
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
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PRO
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
BEST-SELLING PRODUCTS
MOST CONSUMED PRODUCT
MOST TRADED PRODUCT
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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PRO
TOP COUNTRIES TO SOURCE YOUR PRODUCT
TOP PRODUCING COUNTRIES
TOP EXPORTING COUNTRIES
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
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TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
TOP CONSUMING MARKETS
UNSATURATED MARKETS
TOP IMPORTING MARKETS
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
IMPORTS FROM 2012–2024
IMPORTS BY COUNTRY
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
EXPORTS FROM 2012–2024
EXPORTS BY COUNTRY
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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PRO
LIST OF TABLES
Key Findings In 2024
Market Volume, In Physical Terms, 2012–2024
Market Value, 2012–2024
Per Capita Consumption In 2012-2024
Imports, In Physical Terms, By Country, 2012–2024
Imports, In Value Terms, By Country, 2012–2024
Import Prices, By Country Of Origin, 2012–2024
Exports, In Physical Terms, By Country, 2012–2024
Exports, In Value Terms, By Country, 2012–2024
Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
Market Volume, In Physical Terms, 2012–2024
Market Value, 2012–2024
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
Trade Balance, In Physical Terms, 2012-2024
Trade Balance, In Value Terms, 2012-2024
Per Capita Consumption, 2012-2024
Market Volume Forecast to 2030
Market Value Forecast to 2030
Products: Market Size And Growth, By Type
Products: Average Per Capita Consumption, By Type
Products: Exports And Growth, By Type
Products: Export Prices And Growth, By Type
Production Volume And Growth
Exports And Growth
Export Prices And Growth
Market Size And Growth
Per Capita Consumption
Imports And Growth
Import Prices
Production, In Physical Terms, 2012–2024
Production, In Value Terms, 2012–2024
Imports, In Physical Terms, 2012–2024
Imports, In Value Terms, 2012–2024
Imports, In Physical Terms, By Country, 2024
Imports, In Physical Terms, By Country, 2012–2024
Imports, In Value Terms, By Country, 2012–2024
Import Prices, By Country Of Origin, 2012–2024
Exports, In Physical Terms, 2012–2024
Exports, In Value Terms, 2012–2024
Exports, In Physical Terms, By Country, 2024
Exports, In Physical Terms, By Country, 2012–2024
Exports, In Value Terms, By Country, 2012–2024
Export Prices, By Country Of Destination, 2012–2024