Brasília – President Jair Bolsonaro said this Monday (6) that, although fuel pump prices are high, they tend to remain stable. But he ruled out again any chance of tabulating prices.
“I admit that prices are high. Apparently, the US-Iraq issue didn’t impact that much. From 5%, it dropped to 3.5%, I don’t know how much of that is actually related to the day of the strike, but the tendency is to stabilize,” said the president while leaving Palácio da Alvorada, referring to the American bombing on Baghdad International Airport that killed Iranian general Qassem Soleiman last Friday (3).
This Monday, a little bit after 2 pm (Brasília time), the oil barrel price stood at USD 63.18 in New York, up 0.21% from last Friday, and USD 68.94 in London, up 0.5%.
Bolsonaro reported this will be the topic of a meeting he will take part in at the Ministry of Mines and Energy later this day at 4 pm. The president ruled out again any tabulating policy, a strategy that has already been adopted in Brazil and he believes was unsuccessful.
According to the president, fuel pump prices are three times higher than refiner prices. “This is outrageous. There are lots of people making money while risking nothing. They’re decades-old monopolies, taking advantage of the law. We’ll open up wherever we can. There should be as much competition as possible to break the monopoly,” he said.
*With information from the ANBA newsroom.
Translated by Guilherme Miranda
