Petrobras is expected to announce a new price adjustment for aviation kerosene (QAV).

Amid the war in the Middle East, Petrobras is expected to announce a new price adjustment for aviation kerosene to R$ 5.6149/liter at the Paulínia (SP) base, a 54.6% increase, effective April 1st, according to data analyzed by [source missing]. DATAGRO in new VIP report.

"The measure reflects the more restricted supply of fuel, resulting from the closure of the Strait of Hormuz and the consequent interruption of supply from refineries in the Persian Gulf. As already observed in the case of diesel, the Federal Government is evaluating measures to mitigate the impacts of the recent price increase on airlines," the document says.

The text also states that, although Petrobras has not yet officially confirmed the adjustment, the policy adopted by the state-owned company since 2019 provides for monthly revisions to fuel prices, reinforcing the expectation that the measure will be formalized in the coming days.

For more information, visit the VIP Report in analysis section of DATAGRO Portal. 

This text was translated by machine from Brazilian Portuguese.