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YPF aims to restore profitability and increase prices



YPF fuel prices will increase by 1.5% from 0 hours this Saturday, June 1, although the decline in oil prices imposes greater caution for future reassessment.

YPF sources announced on Friday that the growth to be applied from the first minute on Saturday will respond to the accumulated backlog of fuels in recent months of movements in Brent's international crude oil price and exchange rate movements.

As it progressed BAE Business, the increase in oil and diesel oil provided by YPF occurs in a context in which oil companies are trying to recover some of the profitability lost due to the devaluation, despite the fact that the goods closed on Friday with huge losses. In addition, the tax deferred by the national government for liquid fuels is still not in force.

In the same line, oil companies say they still need to emphasize their prices around 8% due to the constant depreciation of the pesos against the dollar. Therefore, there will be more windows ahead.

On the other hand, crude oil prices fell by 5.5% against WTI and 3.3% in Brent, in response to US trade tensions with Mexico, one of the largest oil exporters, after President Trump announced new tariffs against immigration.

In this way, the new reference values ​​of YPF in force tomorrow will be for super petrol $ 42.64; Infinia oil 49.20 $; diesel 500 $ 40.24 and Infinia diesel 47.10 $.

Everyone is rising

Except for a state-owned oil company that dominates with 57 percent of the retail market for fuel, other brands are already expecting to transfer their prices in the coming hours, although they have not yet announced percentages and new values.

In this sense, Raizen's decision – a firm that has a countrywide license for the Shell and Axion brands – is expected to try to increase their increases to 1.5% in order to keep their products competitive. a segment in which new players such as Daps, Puma and Gulf emerged.

Sources of the sector analyzed that the moderate increase in YPF is a decision that is highly conditioned by the recessive state of fuel consumption in recent months, it is estimated that prices are between 10% and 15% below import parity.

It was also pointed out that the government's decision to postpone the tax hike – updated quarterly according to the wholesale price index – reduced the price of the increase and allowed companies to recover part of the delay they felt they had. prices

Another element of the analysis that was explained on the market is that oil companies also observe the dynamics of the exchange rate that has remained steady in recent weeks, as well as the trend of international crude oil with an apparent downward trend.


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