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Petrobras eyes diesel price hike, awaiting government measures to shield consumers, sources say

Petrobras eyes diesel price hike, awaiting government measures to shield consumers, sources say

- Brazil's Petrobras is looking to raise diesel prices at its refineries by about 1 real ($0.1964) per liter, but is waiting for government measures to shield consumers from the increase, two sources at the state-run oil firm told Reuters.

The hike would help Petrobras narrow the gap between domestic diesel prices and international benchmarks, which has widened due to the conflict in the Middle East and diesel export restrictions from Russia.


(Reporting by Rodrigo Viga Gaier in Rio de Janeiro; additional reporting from Marcela Ayres in Brasili; writing and additional reporting by Fabio Teixeira)

((Fabio.Teixeira@thomsonreuters.com; +55 21 99603-4782;))

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