Petrobras slashes Brazil wholesale gasoline prices 4.9%, effective July 20
Petrobras will reduce gasoline prices at the refinery gate by 4.9%, effective July 20, in the first price adjustment under the leadership of new CEO Caio Paes de Andrade, the company said July 19. Petrobras will cut prices to $0.7175/l, down from $0.7546/l, the company said. That was the first price reduction for gasoline since December 2021. “This reduction accompanies…