{"id":317123,"date":"2022-08-26T11:57:10","date_gmt":"2022-08-26T14:57:10","guid":{"rendered":"https:\/\/anba.com.br\/?p=317123"},"modified":"2022-08-26T11:59:17","modified_gmt":"2022-08-26T14:59:17","slug":"brazils-petrobras-to-lower-jet-fuel-prices-by-10-4","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazils-petrobras-to-lower-jet-fuel-prices-by-10-4\/","title":{"rendered":"Brazil\u2019s Petrobras to lower jet fuel prices by 10.4%"},"content":{"rendered":"<p>Rio de Janeiro \u2013 Brazilian state-run oil company Petrobras said on Friday it will lower aviation kerosene prices by 10.4% to distributors, marking the second consecutive cut after a 2.6% drop seen in early August.<\/p>\n<p>The state-run oil giant pointed out that aviation fuel prices are reset monthly in accordance with a contract formula agreed upon with distributors. &#8220;This practice has been adopted for approximately 20 years since the first commercial contract between Petrobras and the distributors. Petrobras\u2019 jet fuel sale prices seek to balance them with the international market and follow the product\u2019s value and exchange rate variations, upwards and downwards.\u201d<\/p>\n<p><strong>Only to distributors<\/strong><\/p>\n<p>Petrobras sells aviation kerosene imported or produced at its refineries only to distributors. \u201cThe distributors, in turn, transport and sell the product to air transport companies and other end-consumers at airports, or to resellers. Distributors and resellers are responsible for airport facilities and refueling services,\u201d the company noted.<\/p>\n<p>\u201cThe Brazilian fuel market is open to free competition, and there are no legal, regulatory, or logistical restrictions for other companies to act as producers or importers of jet fuel,\u201d Petrobras noted.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-317129\">\u00a9Fabio Teixeira\/Anadolu Agency\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The company said it will lower aviation kerosene prices to distributors.<\/p>\n","protected":false},"author":2315,"featured_media":317129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[31995,27593,4223,34483,34484],"class_list":{"0":"post-317123","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-aviation-kerosene","9":"tag-combustivel-en","10":"tag-fuel","11":"tag-kerosene-prices","12":"tag-petrobras-aviation-kerosene"},"wps_subtitle":"The company said it will lower aviation kerosene prices to distributors.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/317123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=317123"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/317123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/317129"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=317123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=317123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=317123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}