Wednesday , May 12 2021

Diario Uno – YPF announced that oil prices are falling on Monday

State-owned YPF announced a price drop of its fuels Monday, December 3. It will be 1% in super oil and 1.5% in Infinity. In addition, diesel in its two versions, on average, will increase by 3%. Thus, the table will be as follows: super petrol will range from 37.59 to 37.21 dollars; Infinia will range from $ 44.01 to $ 43.35; Diesel 500 from $ 33.76 to $ 34.84; and Infinia Diesel from $ 39.67 to $ 40.86. In spite of that, until this year, fuels increased 13 times, and further increased by 64.75%, 40% above inflation. from former Energy Minister Juan Jose Aranguren, who released fuel prices in October 2017, the local price of oil and diesel depends on factors such as the dollar, the international oil barrel from Brent and biofuels. To which was added Liquid Fuel Tax, which is updated at the end of each quarter based on the Index of Consumer Price Index reported by Indek. Despite the increase, the level of sales of fuel did not decrease significantly. According to Fukac data, during August 2018, the total volume of sales of liquid fuels at gas stations in the public decreased by 0.5% compared to August 2017. But in the case of oil, there is an increase of 1, 8%, while the diesel has a decrease of 3.5%.

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