Economy

Petrobras resets aviation fuel in R$ 0,45 per litre

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 01/11/2026, 20:24:24 UTC.

Briefings

Petrobras announced a 7.2% average price increase for aviation kerosene, raising the cost by R$ 0.45 per liter compared to the previous month. This adjustment follows a 11.76% increase in October, driven by rising international fuel prices amid geopolitical tensions in the Middle East and reduced refining capacity in Russia and Ukraine. The Brazilian market adjusts monthly, unlike international markets which adjust daily, due to a parametric formula that smooths short-term fluctuations. The Association of Brazilian Airlines noted that QAV participation in operational costs rose from 30% to over 45% since the conflict began.

Key points

• Petrobras increased aviation kerosene prices by 7.2% to R$ 0.45 per liter, effective November 1, 2026.
• The price increase reflects a 11.76% rise in October, driven by international fuel price hikes and reduced refining capacity in Russia and Ukraine.

Context

Aviation fuel prices in Brazil increased monthly due to international market volatility, contrasting with daily adjustments in international markets. The state-owned company controls about 85% of national QAV production, yet the market remains open to competition from other producers and importers.

Limitations

Data reflects a single snapshot from November 1, 2026, covering only the monthly adjustment period. Uncertainty exists regarding future price trends, as the parametric formula may alter short-term fluctuations. The source does not provide historical price data prior to October or detailed breakdowns of cost increases for specific airlines.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 01/11/2026, 21:19:02 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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