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Gasoline consumption falls for the third month in a row – 01.01.2015

Fuel sales took place in November third consecutive autumn. If during the first months of the year drivers managed to maintain the level of consumption positively despite the price increase – although there was a constant abandonment of premium products in favor of a super-since September the market began to decline: withdrew 6,6% in the month and 2.84% in October. And, in November, the last available figure, the reduction was increased to 8,26%, according to the Energy Registry data distributed by the specialized site. The fall compared to October was 2.21%.

As in the previous months, premium oil (which has already been quoted at more than $ 44 per liter) was the hardest hit, with a reduction of 30 percent.

Part-not all-of that decline was absorbed by a super-charge, whose consumption advanced 2.74% in November, with a price of $ 37.60 to $ 42, depending on the neighborhood where the service and the brand are located.

As for diesel, the premium and the joint fell. The first fell by 9%, while the second fell by 7.88%.

YPF was the first oil company to cut prices in December. Photo by Marcelo Carroll

YPF was the first oil company to cut prices in December. Photo by Marcelo Carroll

Oil prices were in November 76.9% above the level observed a year back in the case of super oil and 78.5% in the premium, according to the calculations of

In terms of diesel, the rise by November was 83.6% above 2017 for normal and 86.1% premium diesel.

In December it was the only month in which gasoline went down instead of leaving. Prices fell by 1.5% in the case of YPF.

The fall in the international oil price plus the stabilization of the dollar against the dollar are the factors that influenced the move.

It was the first and only drop in fuel so far in 2018. Now, at the beginning of January, it will be necessary to see what the accounts of the oil companies are doing. The departure of Javier Iguazel from the Secretary of Energy and his replacement from Gustavo Lopetegi can bring some innovation in the field of fuel.

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