Misunderstanding made Petrobras announce gasoline price increase and then backtrack, source saysPhoto by ayushprince1996 on Pexels
BusinessCoimbra

Misunderstanding made Petrobras announce gasoline price increase and then backtrack, source says

oglobo10 September 2026 at 17:39

A misunderstanding in the interpretation of the federal government's decree on gasoline tax relief made Petrobras backtrack and cancel a price adjustment that had been announced just hours earlier, according to an anonymous source. The episode happened on Wednesday.

The company had initially informed that it would raise the fuel price to distributors. However, after the reversal, the decision was different: the state-owned company will keep a kind of financial cushion for possible future price adjustments, if necessary.

The misunderstanding would be related to the interpretation of the federal government's decree on gasoline tax relief. The article was exclusive for subscribers, with restricted access through registration at the publication's link.

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