Wedoany.com Report-Dec.2, Petrobras, Brazil's state-owned oil company, announced on Monday that it will raise the average price of jet fuel supplied to distributors by 3.8 percent, equivalent to an increase of 0.13 real (approximately $0.0243) per litre, effective from December 1, 2025.

The adjustment will bring the new average reference price to around 3.55 reais per litre, reflecting the company's standard monthly review process. Petrobras determines jet fuel pricing based on several market variables, primarily the evolution of international crude oil quotations and the real-U.S. dollar exchange rate.

The company emphasised that the change aligns domestic prices with prevailing conditions in the global aviation fuel market while maintaining competitiveness for distributors operating in Brazil. Jet fuel, also known as aviation kerosene or QAV, represents a key product for the country's aviation sector, which serves both domestic and international routes.

This marks the first upward adjustment in jet fuel prices in recent months, following a period of relative stability. The increase remains moderate compared with fluctuations observed in other refined products, supporting gradual cost transmission along the supply chain.

Petrobras continues to follow its established commercial policy of monthly parity adjustments for aviation fuel, distinct from the more frequent updates applied to gasoline and diesel at refineries. The approach aims to provide greater predictability for airlines and distributors when planning operational expenses.

Brazilian airlines, which rely almost entirely on Petrobras for jet fuel supply at major airports, are expected to incorporate the higher cost into their fuel surcharge mechanisms over the coming weeks. Industry sources indicate that the impact on passenger ticket prices should remain limited due to the modest size of the adjustment and ongoing competition in the domestic air travel market.

The decision comes amid a broadly stable international oil price environment and a slightly depreciated Brazilian real against the U.S. dollar in recent weeks. Petrobras reaffirmed its commitment to transparent pricing practices that balance market dynamics with the needs of the national aviation industry.

Further price reviews are scheduled for January 2026 and will continue to reflect developments in global energy markets and currency movements. The company regularly publishes official price tables and detailed explanations of each adjustment through its investor relations and commercial channels.