September 19, 2018 / 8:08 PM / 3 months ago

Brazil's Petrobras raises LPG prices by 5 pct

RIO DE JANEIRO, Sept 19 (Reuters) - Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Wednesday it would hike the average price of liquefied petroleum gas (LPG) for industrial and commercial uses by 5 percent, starting Thursday.

The new price is based on international prices, the company said in a statement on its website.

Reporting by Marta Nogueria; editing by Jonathan Oatis

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