U.S. markets close in 3 hours 42 minutes
  • S&P 500

    3,822.52
    -18.95 (-0.49%)
     
  • Dow 30

    30,766.36
    -230.62 (-0.74%)
     
  • Nasdaq

    13,493.89
    -49.17 (-0.36%)
     
  • Russell 2000

    2,158.66
    -10.09 (-0.47%)
     
  • Crude Oil

    52.38
    +0.11 (+0.21%)
     
  • Gold

    1,855.30
    -0.90 (-0.05%)
     
  • Silver

    25.45
    -0.10 (-0.40%)
     
  • EUR/USD

    1.2145
    -0.0030 (-0.24%)
     
  • 10-Yr Bond

    1.0470
    -0.0440 (-4.03%)
     
  • GBP/USD

    1.3668
    -0.0016 (-0.12%)
     
  • USD/JPY

    103.7810
    +0.0200 (+0.02%)
     
  • BTC-USD

    34,012.57
    +565.32 (+1.69%)
     
  • CMC Crypto 200

    685.45
    +8.55 (+1.26%)
     
  • FTSE 100

    6,638.85
    -56.22 (-0.84%)
     
  • Nikkei 225

    28,822.29
    +190.84 (+0.67%)
     

CORRECTED-Brazil's Petrobras, BR Distribuidora suspend imported aviation gasoline business amid quality concerns

·1 min read

(Corrects to reflect that companies have suspended aviation gasoline business, not jet fuel business)

SAO PAULO, July 13 (Reuters) - Brazilian state-run oil firm Petrobras has "preventively" stopped supplying imported aviation gasoline after chemical tests on an imported batch raised potential issues, a move that caused fuel distributor BR Distribuidora to suspend the sale of the product, according to a filing on Monday.

Petroleo Brasileiro SA, as the firm is formally known, had said earlier on Saturday that the batch of imported aviation gasoline, or avgas, complied with the requirements laid out by Brazilian oil regulator ANP. However, internal tests led the company to notice certain chemical differences from other imported avgas batches.

Petrobras Distribuidora SA, as BR Distribuidora is formally known, is partially owned by Petrobras and is Brazil's largest fuel distributor. It announced its decision to suspend the supply of avgas on Monday.

On Friday, the ANP and aviation regulator ANAC announced they were creating a working group "to investigate complaints about the quality of aviation gasoline used in the country."

(Reporting by Luciano Costa; Writing by Gram Slattery Editing by Nick Zieminski)