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YPF boosted fuel prices 4% nationwide

Beginning on Tuesday, it began regulating an increase in fuels that YPF sells across the country, according to company spokespeople. Infobae. The increase is 4% on average.

The state-owned oil company, which is the leader in the Argentine market with a 55% market share, added to the decision adopted yesterday by Axion, which stood at 6%. It is expected that in the next few hours Shell will be able to implement a similar measure.

In the case of YPF, naphtha registered increases of 3.9%. The diesel rose 4.5%.

After the rise, in the bombs of the city of Buenos Aires the current prices are: US $ 42.01 for super naphtha, US $ 48.47 for premium naphtha, US $ 39.65 for diesel and US $ 46.40 for premium diesel.

Fuel increases are decided by companies based on two variables: the dollar and the Brent oil price. The US currency rose about 9 percent last week and yesterday Monday closed at $ 45.60 on the retail portion; On the other hand, the Brent value increased from USD 67.70 per barrel, at the end of March, Current from $ 73 (almost 8%).

All in all, oil companies made it clear that the increases were below the dollar and the international price of oil, which they were not transferred in full to supply prices.

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