Petroleo Brasileiro (PBR) said Thursday it would cut the price of diesel A to distributors by 0.12 Brazilian real ($0.02) to 3.43 reais per liter.
The price reduction will take effect Friday, the company said.
Meanwhile, the price of diesel B, a mixture of 86% diesel A and 14% biodiesel, for end consumers will be reduced by 0.10 real to 2.95 reais, the company added.
Price: 11.59, Change: +0.37, Percent Change: +3.25
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