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Brazil Diesel Price Sees First Drop Since Late‑February Conflict

Lower oil prices with new diesel subsidies point to early relief at the pump.

Overview

  • ANP’s weekly survey for April 5–11 shows average diesel at R$7.43 per liter, down R$0.02 and marking the first decline since hostilities began on February 28.
  • Retail gasoline averaged R$6.77 per liter and ethanol R$4.69, with both slipping R$0.01 from the prior week, according to ANP data.
  • The federal government rolled out targeted support this week, including R$1.20 per liter for imported diesel shared with states and an extra R$0.80 for diesel produced in Brazil.
  • Ethanol was cost‑competitive with gasoline in only six states, with national parity at 69.28%, a rule of thumb that favors ethanol when the ratio stays below 70%.
  • Diesel powers most freight in Brazil, so even a small drop can ease transport costs and help restrain price pressure for businesses and households.