Petrobras increases jet fuel prices for May, Mario Nawfal notes

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Anastasiia Chabaniuk

27.04.2026

Petrobras increases jet fuel prices for May, Mario Nawfal notes — Petrobras jet fuel prices increase again

Mario Nawfal, Founder & CEO at IBC Group, reports that Brazil’s Petrobras has raised jet fuel prices by 18% for May, following a 54.8% increase in April.

He notes that Petrobras is now permitting distributors to pay for jet fuel in installments, flagging changing financial terms alongside the significant price hike.

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Nawfal has previously detailed insurance costs for airlines, citing Emirates Airlines’ ability to obtain war risk cover at $100,000 per week. He has also highlighted economic shifts, reporting on projections that Germany’s share of global GDP may fall to 4 percent by 2030. Recent updates from Nawfal continue to focus on cost pressures and changing terms within global markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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