Understanding fuel pricing in Brazil

Understanding Fuel Pricing in Brazil report is part of the Fuel Pricing Series and was originally released in Portuguese by EPE in July 2021.

This publication examines how fuel prices are formed in Brazil, highlighting that pricing at all segments of the fuel supply chain is free: production, imports, distribution and resale. The analysis explores the four main components that essentially make up the final price to the consumer: ex‑refinery price, biofuel cost, distribution and resale margins, and federal and state taxes.