SAO PAULO: Brazilian state-run oil company Petrobras lowered jet fuel prices to distributors by around 1.3% in some key marketing areas such as Guarulhos, Betim and Duque de Caxias, data on the firm’s website showed on Monday.

Petrobras to increase refining capacity 25% over 4 years

The company makes monthly tweaks to its jet fuel prices based on factors including oil prices and exchange rates.

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