According to Reuters article published on November 17, 2022, Brazilian oil company Petrobras (PETR4.SA) said on Wednesday it will cut liquefied petroleum gas (LPG) prices for distributors by 5.3% starting Thursday.
Petroleo Brasileiro SA, as the company is formally known, in a statement said it would lower its LPG price to 3.58 reais per kg from a previous price of 3.78 reais per kg.
