Petrobras to cut aviation gas prices by 15.7% in September

This post was originally published on this site

SAO PAULO (Reuters) – Brazil’s Petrobras said on Monday it will cut aviation gasoline prices for distributors by 15.7% starting Sept. 1.

The move marks the second time in recent weeks that the state-run oil firm has lowered gas prices for the sector, following a 5.7% decrease in early August.