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Brazil has the third most expensive gasoline in the world; CNG has high week

April 30, 2022 4:45 pm to 4:45 pm
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Marcello Casal jr/Agência Brasil

Brazilian population pays for one of the most expensive gasoline on the planet. High fuel prices create several other problems for the economy

The price of gasoline in Brazil is something very serious, causing other problems for the country's economy. A report from Oxford Economics showed that Brazilians pay for the third most expensive gasoline in the world. The study took into account the purchasing power of a country house. In the general ranking, Brazil was in 53rd place in a list of 170 countries surveyed. 

Research data shows that the price of gasoline in Brazil is the third most expensive on the planet. The survey took into account 29 countries plus the euro zone. In Brazil, workers need to spend 9% of their daily salary to buy a liter of gasoline. The second place is Pakistan, where you pay 13%. The most expensive gasoline in the world is on behalf of Indonesia, where the worker pays 19% of his daily salary to buy a liter of gasoline.

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Marcello Casal jr/Agência Brasil

Meanwhile, even with all the economic problems, the gasoline sold in Venezuela is the cheapest in the world. According to information from Global Petrol Prices, the Venezuelan pays US$ 0.025. In Brazil, the average price of a liter is US$ 1,480, or R$ 7.40. 

RRecent results from the ANP confirm the data

According to data from the National Petroleum Agency (ANP), the average value of a liter of gasoline went from R$ 7.270 last week to 7.283 this week. Diesel rose from R$ 6.60 to R$ 6.61 in the same period. This year, Diesel's high is already at 23.62%. 

CNG also rises across the country 

Bulletin released on Friday, the 29th, by the National Agency of Petroleum, Natural Gas and Biofuels, showed that the price of vehicular natural gas (CNG) rose for the second consultation week at gas stations. The consumer who used to pay R$ 4,742 per cubic meter is now paying R$ 4,774. 

Consumers should not have peace regarding the price of natural gas for vehicles (CNG). As promised, the Petrobras increased the price of natural gas for distributors by 19%. The rise in the price of CNG is set for the next quarters. The state-owned company informed that natural gas increased due to the price increase in Brent oil, and the exchange rate variation.  

According to the Brazilian Association of Piped Gas Distributors (Abegás), the increase in natural gas will not generate any profit for distributors, since only the costs of the operation will be passed on to consumers. 

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