Brazil's Petrobras increases jet fuel prices by about 7%

The average hike was close to 7%, according to Brazilian airlines association Abear. Kerosene prices have climbed by about 49% this year. The company had already increased prices for jet fuel in early April. Petrobras did not immediately comment on the matter.


Reuters | Updated: 03-05-2022 05:09 IST | Created: 03-05-2022 05:09 IST
Brazil's Petrobras increases jet fuel prices by about 7%

Brazilian state-run oil company Petrobras increased its jet fuel prices in several cities starting on Sunday, data published on the firm's website showed. The average hike was close to 7%, according to Brazilian airlines association Abear. Kerosene prices have climbed by about 49% this year.

The company had already increased prices for jet fuel in early April. Petrobras did not immediately comment on the matter.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback