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Due to fuel sales, drivers stopped charging premium oil and a drop in sales



Fuel sales continue to decline. According to data from the Energy Secretariat, gasoline and diesel supplies fell by 2.8% in October last year compared to the same month in 2017.
The main reason for the decline was the sudden annual decline in the commercialization of premium oil, which declined by 28.8%, due to the subsequent increase in the prices of pumps. For a year went from selling 253 thousand cubic meters to 180 thousand. With the highest quality of Diesel, Grade 3, the same thing happened. The decrease in sales was 6.6% in the last 12 months.
With an accumulated price increase of more than 70% so far this year, the market is still led by YPF, which already concentrates 60% of sales. Axion Energy (PAE) grew by 10.2 percent over a one-year period in September, while the oil company Shell (Raizen) fell 4.3 percent.

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