Petrobras lifts jet fuel prices for distributors by 7.2% in November
Brazil's state oil company Petrobras raised its average jet fuel price for distributors by 7.2% from Sunday, adding 0.45 reais per liter.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Petrobras, the state-controlled Brazilian oil company, raised its typical jet fuel rate for wholesale buyers by 7.2% starting Sunday, according to a company statement reported by Reuters.
The increase equals 0.45 reais ($0.08) per liter against the previous month. Petrobras reviews aviation kerosene pricing once a month, and the figures use an exchange rate of $1 = 5.4392 reais.
why it matters
Jet fuel is a major cost for airlines, so higher kerosene prices in Brazil put pressure on carrier margins and can feed into ticket prices. For markets this is a domestic pricing decision by one company rather than a shift in a global benchmark, but it shows how costs pass through Brazil's fuel sector. The next monthly revision will show whether the trend holds.
market impact
Brazilian airlines: higher kerosene costs squeeze margins and may lift fares
tags
instruments
sources
- Brazil's Petrobras raises jet fuel prices by over 7% in November — Reuters, 1 November 2026 at 15:25 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗