Brazil's oil and gas giant Petrobras started implementing a reduction in fuel prices at its refineries gates, effective this week. Gasoline price with being reduced 6,1% from R$ 3,28 to R$ 3,08, while A diesel on average will be dropping from R$ 4,89 to R$ 4,49, equivalent to an 8,2% rebate.
Central Bank President Alexandre Tombini sees the bright side of the international trend that is causing many others a headache, because the country is a net petroleum importer.