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Brazil's Petrobras to hike jet fuel prices by 55%, airline group says

ReutersMar 31, 2026 12:58 PM

SAO PAULO, March 31 (Reuters) - Abra Group, the holding company that controls airline Gol GOLL54.SA, said on Tuesday that Brazilian state-run oil firm Petrobras PETR3.SA will raise jet fuel prices by about 55% starting April 1.

Petrobras tweaks jet fuel prices at the beginning of each month based on factors such as global oil prices and foreign exchange rates. The fresh move would track higher global oil prices linked to the U.S.-Israeli war on Iran.

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