Petrobras will reduce diesel prices for distributors by BRL 0.3515 per liter. The price adjustment takes effect on July 1, 2026. This reduction matches the value of a federal subsidy that expired on the same day, a move confirmed by Brazil’s Finance Minister.
The average selling price for distributors will remain stable at BRL 3.30 per liter. This move effectively neutralizes the financial impact of the subsidy withdrawal. Petrobras stated the decision follows its policy of tracking domestic and international market conditions.
Investors are currently assessing how the government’s new subsidy policy affects Petrobras’s commercial strategy. Market reactions are expected once trading opens for the day.