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Petrobras increases diesel prices by 6.1 pct on average

SAO PAULO
Petroleumworldve.com 06 01 2017

Brazilian state-controlled oil company Petróleo Brasileiro SA increased diesel prices at refineries by 6.1 percent on average with immediate effect.

According to a statement on Thursday, the decision reflects higher oil prices in global markets as well as a stronger real currency. Petrobras, as the company is known, will continue revising fuel prices at least once every 30 days, the statement said.



Story Bruno Federowski; Editing by Chris Reese from Reuters.

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