Brazil's Petrobras raises jet fuel prices by 2.9%

Reuters
Jul 01
Brazil's Petrobras raises jet fuel prices by 2.9%

RIO DE JANEIRO, July 1 (Reuters) - Brazilian state-run oil firm Petrobras PETR4.SA will raise the average price of jet fuel sold to distributors by 2.9%, or 0.09 real ($0.0166) per liter, starting July 1, the company said in a statement on Tuesday.

Petrobras makes monthly tweaks to its jet fuel prices based on factors including oil prices and the foreign exchange rate.

($1 = 5.4283 reais)

(Reporting by Rodrigo Viga Gaier; Editing by Joe Bavier)

((Gabriel.Araujo2@thomsonreuters.com; +55 11 5047-3352;))

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