Petrobras announced this Monday (12) a reduction for distributors of 4.7% in the average price of LPG (liquefied petroleum gas), the cooking gas sold in cylinders. The low goes into effect this Tuesday (13).
With the cut, the price for distributors will go from R$ 4.23 per kilo to R$ 4.03 per kilo, a drop of R$ 0.20. Thus, the average value of a 13 kilo cylinder will drop from R$ 2.60 — from R$ 54.94 to R$ 52.34.
“This reduction follows the evolution of reference prices and is consistent with Petrobras’ pricing practice, which seeks to balance its prices with the market, but without passing on to domestic prices the conjunctural volatility of quotations and the exchange rate. “, the state-owned company said in a statement.
The last refinery slump had come into effect on April 9 this year. At the time, the average price of a 13-kilogram cylinder dropped from R$58.21 to R$54.94, according to Petrobras.
On the eve of the elections, the company began to announce cuts in fuel prices by dropper. Survey of the OSP (Observatório Social do Petróleo), at the request of the Sheetshowed that Petrobras adopted different pricing strategies in times of high and low international oil prices in 2022.
When oil rose, the company carried out fewer readjustments and practiced prices below international quotations, keeping the transfer to the pumps. With oil falling, he began to announce frequent reductions and follow the foreign market more closely.
For Eric Gil Dantas, economist at the OSP and the Brazilian Institute of Political and Social Studies, the data indicate that the implementation of the price policy was subject to political pressures during the election year.
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