Wednesday , May 12 2021

Fuel sales rose 7 percent in October, but fell by almost 3 percent in the year – 29/11/2013

After almost 70% of the price increase, fuel sales rose 7% in October, compared with September. However, they register annual decline of 2.85%. These official data will be confirmed in November, according to several consultations of oil companies. "The floor was reached in September, from there came an improvement and stayed in November, "slipping into a company.

As it happened during the year, "premium" fuels are least used by a particular reactivation. His office bettered 4% in October, but still they are by 28% lower in the year compared in the case of "premium" oil. Diesel with the highest quality is 6% lower than in 2017.

The total volume of gasoline sent in October 2018 is 4% lower than in the same month of 2017. In diesel, the reduction is slightly above 2%.

Prices of "premium" fuels have increased by almost 75% during this year. It reduced sales in an unusual way. In the executive power, they argue that higher octane gas prices should go through a reduction (mentioned 10%, but with another dollar), starting in December. For oil, oil companies say these amounts are still late and that the increase will be almost a fact.

In any case, the improvement in October last year was observed in the type of fuels that were shipped. 33% were higher categories, compared to 28% who chose those products in the same month of 2017.

Diesel, on average, was 32.54 in October for YPF, while that "premium" fuel was shipped to $ 38.51. "Super" of the country's largest oil company was $ 36.76, while the premium was sold at $ 43.47.

Price corrections for November were lower and changed. Axion pointed out and pointed out more than 5%, according to what was done later by Shell. But YPF was reduced by a recomposition of 2.5%. As the increase was lower than that of its competitors, both Axion and Shell returned and re-increased their increase in the size of the one implemented by the PFM,

"There was a migration of 30% of the customers of our flag to the YPF ", acknowledged the CEO who requested that he not be identified. "There was also pressure from the state-owned oil company's executive power to increase the increase in November," they say in another company. The government and YPF deny that these fights existed.

The November rally was the easiest: the super reached 37.59 dollars, while the premium climbed 54 cents to $ 44.01.

Although two months should be defined, oil companies estimate that annual fuel delivery could be higher than last year. December's behavior will be unbalanced.

The exit of oil, the oil company of Cristobal Lopez, Within the brands that make up the market it also has effects. The market share of the PFP rose from 53.75% to 54.85%, according to data from the Chamber for information provided by the Energy Secretariat. The Shell brand (now in the hands of Brazilian Raizen) lost part of the market: from 20.93% to 20.54%. Axion grows from 12.25% to 13.91%. This last flag has always tried to have quantities similar to those of the YPF, but in the past few months it flew a bit and is halfway between the leader and Shell.

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