Clipping of news on Brazilian Culture, Law and Citizenship
01/30/2013
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Petrobras adjusts fuel at 6.6%. Diesel rises 5.4%
Rio - Petrobras readjusted since the first minute of today, the price of gasoline by 6.6%. Already diesel rose 5.4%. Fuel prices also do not include taxes CIDE, PIS / COFINS, ICMS beyond. The announcement was made in the early evening yesterday.
Photo: Alexandre Brum /The Day Conforme the company, the readjustment was defined taking into account the pricing policy of the state, trying to align the price of oil to the values of the international market, a way to achieve balance in the medium and long term . It will be the first adjustment in fuel pumps in almost ten years.
The increase was expected, since without it, the profitability of the state was threatened. The year did not start well for the company's shareholders, and the expectation is that the adjustment will help change the trend. Yesterday, at the closing of the Stock Exchange, the preferred shares of Petrobras retreated 2.40% in the year.
A rise in the price expected by the company, should yield the state $ 600 million in cash as of this month, according to calculations made by market experts. When the business plan was closed last year, the company's president, Grace Foster, said the price of gasoline was with a lag of 15%. Part of it was still recomposed in 2012, with the adjustment of 7.8% since the refineries, but did not reach the consumer, for Contribution for Intervention in the Economic Domain (CIDE) zeroed out.
Source: The Day - Online
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This article was translated by an automatic translation system, and was therefore not reviewed by people.