Brazil's Petrobras raises jet fuel prices by around 7% in key markets
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Petrobras, the Brazilian state-run oil company, has increased jet fuel prices by approximately 7% in key markets starting January 1. This move affects areas like Betim, Guarulhos, and Duque de Caxias.
January 02, 2025 | 8:30 pm
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Petrobras has increased jet fuel prices by 7% in key Brazilian markets, which could lead to higher revenues from fuel sales.
The increase in jet fuel prices by Petrobras is likely to positively impact its revenue from fuel sales, as the price hike is implemented in key markets. This move suggests a strategic decision to capitalize on demand, potentially leading to improved financial performance in the short term.
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