Petrobras to cut aviation gas prices by 15.7% in September

FILE PHOTO: A logo of Brazil's state-run Petrobras oil company is seen at its headquarters in Rio de Janeiro

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.

(Reporting by Peter Frontini, Edited by Isabel Woodford)

Reuters

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