Tag: Brazil gas price

• Wednesday, September 2nd 2015 - 06:27 UTC

  Petrobras increases price of LPG by 15%, the first adjustment in 13 years

  

  Brazil's Petrobras announced late Monday that it would raise the wholesale price of liquefied petroleum gas (LPG) by 15% effective Tuesday, the first price adjustment for the essential cooking gas in 13 years. The move is part of efforts by Petrobras to reduce losses on fuel sales, a company Petrobras source said.