What is the magnitude and effective date of Petrobras's upcoming jet fuel price increase for distributors?

Brazilian state-run oil firm Petrobras will raise the average price of jet fuel sold to distributors by 18%, effective May 1, as reported by Valor Econômico on Friday, citing unnamed sources.

How does Petrobras determine its monthly jet fuel pricing, and what drove the previous month's significant adjustment?

Petrobras adjusts its jet fuel prices monthly based on factors including oil prices and currency exchange rates; for April, it announced a 54.8% hike, which was linked to a surge in oil prices stemming from the U.S.-Israeli war on Iran.

Brazil's Petrobras to raise jet fuel prices to distributors by 18% in May, reports Valor

Apr 24, 2026

Brazilian state-run oil firm Petrobras will raise average jet fuel prices to distributors by 18% starting May 1 due to oil prices and exchange rates. This follows a 54.8% hike in April linked to geopolitical tensions.

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