Tag: gasoline prices

Brazilian hydrous ethanol price parity at four-year high as gasoline prices jump

Brazilian hydrous ethanol price parity at four-year high as gasoline prices jump

March 10, 2021 |

In Brazil, Platts reports hydrous ethanol prices have reached a parity against gasoline of 73.55%, an increase of nearly 3% in just a week, which is the highest parity level seen in four years. Hydrous ethanol prices are nearly 22% higher on the year and although gasoline prices have been spiking, their increase is only […]

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Petrobras cuts gasoline prices 12%, second cut in two weeks

Petrobras cuts gasoline prices 12%, second cut in two weeks

March 18, 2020 |

In Brazil, Reuters reports that for the second time in two weeks, Petrobras has cut gasoline prices in line with falling oil prices globally. The cut announced Wednesday is 12% while last week saw a first cut of 9.5%. Brazilian sugar mills have been benefiting from record high prices for ethanol thanks to high gasoline […]

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