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São Paulo - São Paulo Delayed Price. Currency in BRL
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108,976.70-2,854.30 (-2.55%)
As of 07:25PM BRST. Market open.
Full screen
Previous close111,831.00
Day's range0.00 - 0.00
52-week range
Avg. volume15,085,781
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  • Reuters

    Brazil's Petrobras lowers gasoline prices at refineries

    Brazilian state-run oil company Petrobras said on Thursday it will cut gasoline prices at its refineries to 3.71 reais ($0.7110) per liter from 3.86 reais starting Friday, a 4% cut that will take prices to their lowest level since March. The move is the second gasoline price cut by the oil giant this month and comes after it faced intense pressure from President Jair Bolsonaro and federal lawmakers to bring down prices amid soaring inflation and ahead of a general election in October. Analysts at Credit Suisse said in a note to clients they considered the move "marginally positive" as it would help to ease the political pressure on the company.