Wednesday , May 18 2022

Oil companies would announce a low fuel



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2 December 2018 – 01:02
Premiums drop by 4% on average and a drop of 2% on December 2.

The chicken companies, with the goal of YPF, are preparing to reduce their navies next week, in some cases reaching 4%, a few weeks before the fall of international crude oil in a week.

The Energy Secretary, Javier Iguacel, has discussed the problem of oil companies, so the paper said yesterday that pumps would be reduced to a user who has minimal rest for users who have had a very strong rise. 70% during the year.

The government's argument is a fall in the fall of the Brent barley, which is a reference to Argentina, as well as a change of stability over dollar rebounds.

On the other hand, oil companies have recalled that this month weighing both taxes on fuels, carbon dioxide emissions and classic ITCs are applied.

In December, the two taxes would add up to 25% weight to the pump value.

For this reason, in some fuels, such as Superfuel, it would be roughly 2%.

On the other hand, premium gasoline would have an average drop of 4%, according to estimates made by the oil companies in their refineries.

According to official data, gasoline and diesel shipments fell 2.8% in October compared to the same month of 2017.

However, premium gasoline has reduced significantly the drop of 28.8% due to the rise in prices, which could result in higher prices in this fuel. One year ago 253 thousand cubic meters sold for 180 thousand.

In the case of High Quality Diesel, Level 3 sales decreased by 6.6% in the last 12 months.

In November, Shell and Axion began to grow at 5%, but in the middle of the week they had to cut their growth, given that YPF had a market share of 56%, only 2.5%.

The CNG expanded in Buenos Aires

The increase in the Compressed Natural Gas (CNG) price in the city of Buenos Aires and the capital city of Buenos Aires was $ 16.
In this way, the price of the CNG in the metropolitan area of ​​Buenos Aires will be 14 to 14 dollars per cubic meter, and the values ​​in other countries will be higher.
The vice president of the Chamber of Expenders of the CNC ratified Pedro Gonzalez.
As explained by González, this increase is 14% in Gas Natural BAN and Metrogas, and the new values ​​will be up until 30 April.
"This is a good thing given the scope of the projection in the inflationary context," said Gonzalez, until April, until the end of April, when the current contracts ended. With regard to the increase in CNG price, the negotiator explains that these contracts end in April are the only countries in weight, and the devaluation of "obsolete prices".

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