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Brazil's Petrobras raises jet fuel prices by 7.1%
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Brazil's Petrobras raises jet fuel prices by 7.1%
Aug 1, 2024 4:57 AM

RIO DE JANEIRO, Aug 1 (Reuters) - Brazilian state-run

oil giant Petrobras raised jet fuel prices for

distributors by an average 7.1% starting Thursday, it said in a

statement.

According to Petrobras, the hike was equivalent to some 0.27

real ($0.0477) per liter. Jet fuel prices are now up 0.8% so far

in 2024. Petrobras makes monthly tweaks to its jet fuel prices

based on factors including oil prices and exchange rates.

($1 = 5.6575 reais)

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