RIO DE JANEIRO, Dec 7 (Reuters) - Brazilian state-run oil company Petrobras (PETR4.SA) said on Wednesday it will cut liquefied petroleum gas (LPG) prices for distributors by an average 9.8% starting Thursday.
According to a statement, the firm's LPG prices will drop to 3.2337 reais ($0.62) per kilogram from 3.5837 reais/kg.
Petroleo Brasileiro SA, as the company is formally known, had already announced on Tuesday it was cutting diesel and gasoline prices at its refineries.
($1 = 5.2115 reais)
Our Standards: The Thomson Reuters Trust Principles.
- CommoditiesPetrobras to discuss resuming nitrogen fertilizer plant construction, say local officials
The board of Brazil's state-run oil firm Petrobras is expected to discuss this month plans to resume construction of a nitrogen fertilizer plant in the central-western part of the country, two government officials in Mato Grosso do Sul state told Reuters.
- BusinessChemicals firm INEOS signs green power deals with Norway's Statkraft
Chemicals company INEOS has signed two long-term power supply deals with utility Statkraft to secure power for its current activities and planned investments into electrification and hydrogen production in Norway, the firms said on Friday.