Petrobras confirmed, this Wednesday (1st), the increase of 55% off the price of aviation kerosene (QAV), as had already been anticipated by Vibra Distributor in a statement to customers earlier this week. The new prices went into effect today and can be accessed at site from the state-owned company. The adjustment follows the company's contractual policy, which provides for monthly fuel price revisions. This time, however, the magnitude of the increase caught the market's attention. The move reflects the strong appreciation of oil in the international market, amid the war in the Middle East, which has restricted the global energy supply. The readjustment should have an immediate effect on the Brazilian aviation sector. Currently, approximately 30.6% of airline costs These are linked to the purchase of fuels and lubricants, which increases companies' sensitivity to variations in aviation fuel prices. According to estimates from DATAGROWith the increase, the price of jet fuel at Petrobras refineries will become… 4.1% below import parity, significantly reducing the previous lag, which was 38.0%.

This text was translated by machine from Brazilian Portuguese.