INSUBCONTINENT EXCLUSIVE:
In Brazil, gasoline and ethanol prices have recently fallen, but diesel prices have reached a seven-month high.The National Agency for
Petroleum (ANP) released this data on Friday, September 15.Between September 10 and 15, gasoline and ethanol sold for R$ 5.84 ($1.20) and R$
3.64 ($0.75), respectively.Both fuels experienced a R$ 0.02 ($0.004) drop from the prior week
Diesel sold at R$ 6.10 ($1.26), which is R$ 0.05 ($0.01) higher than the first week of September.Industry experts forecast that fuel costs
Internet reproduction)Goias offered the lowest fuel prices: gasoline at R$ 5.61 ($1.16) and ethanol at R$ 4.42 ($0.91).The most expensive
gasoline was in Acre at R$ 6.76 ($1.39), and the highest average ethanol price was in Rondonia at R$ 4.96 ($1.02).The cost of diesel
fluctuated by up to R$ 1.55 ($0.32) between the highest and lowest prices.In Acre, it sold for R$ 7.40 ($1.52), while in Maranhao it was R$
The last time diesel was this costly was on February 11.Fuel Prices in Brazil BackgroundFuel prices have always been a hot topic in Brazil,
affecting both consumers and industries.Over the years, fluctuating global oil prices have heavily influenced local rates.The government
However, sudden spikes in prices often lead to public outcry.Brazil is a significant oil producer, ranking as the largest in South America
Despite this, the country imports refined fuel, affecting the end price for consumers.Many are pushing for more local refining capacity to
Currently, Petrobras, the state-owned company, dominates the refining sector.Exchange rates also play a role in pricing
When the Brazilian Real weakens, fuel becomes more costly.This especially affects those living in remote regions, where transportation
