Petrobras will reduce domestic diesel prices by 9.6%. The adjustment becomes effective on June 1, 2026. This marks the company's first diesel price cut since March.
Prices for distributors will drop by R$0.3515 per liter. The new average price will be R$3.30 per liter.
The decision follows a government strategy to ease financial strain from Middle East geopolitical tensions. A federal subsidy program launched the same day to offset reinstated fuel taxes. These measures aim to neutralize the tax impact on final pump prices.