Brazil’s state-controlled oil major, Petrobras $PETR3.SA, has confirmed a downward revision of gasoline prices for distributors starting June 3. The modified rate, as stated in the company announcement, will reflect a reduction of 5.6%, bringing the average figure down to 2.85 BRL (0.5005 USD) per liter. This adjustment corresponds to a decrease of 0.17 BRL per liter. The initiative forms part of Petrobras’s dynamic pricing policy and positions the firm to better respond to shifting market realities.