Brazil's Petrobras cuts jet fuel prices by 9.4%

Brazilian state-run oil firm Petrobras PETR4.SA will reduce the average price of jet fuel sold to distributors by 9.4%, or 0.34 real ($0.0621) per liter, starting January 1.

Petrobras tweaks its jet fuel prices monthly, based on factors including oil prices and currency exchange rates.

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