Saturday , July 31 2021

Oil companies would announce a drop in gas prices – Economy

The oil companies, with YPF at the lead, are preparing to announce the next week reduction of gas pricesthat in some cases it would reach 4%, after a fall of the international crude barrel, which lasted several weeks, exceeded this Saturday.

The Energy Secretary, Javier Iguacel, discussed the issue with oil companies, so the witnesses assumed that in some point the week the bombs will reflect a fall, which will represent a minimum track for users who have suffered very hard 70% increase throughout the year.

The argument that the Government has given is not only fall off the Brent barrel, which is taken as a reference in Argentina, but also the A change of stability, beyond the reorganization of the dollar in recent days.

On the other hand, the oil companies have recalled that this month will be higher than the weight of two fuel taxes, which are applied to carbon dioxide emissions and the classic ITC, fit for inflation.

As of December, both taxes would add a weight of almost 25% on the value at the pump.

Therefore, it calculates that in some fuels, for example the Super naphtha, the low during December would be only 2%.

Instead, the naftas Premium would lower by 4%, according to the calculations, which the oil companies have finished defining, observing the costs in their refineries.

According to official data, shipwreck and diesel expeditions fell by 2.8% on October 8 compared with the same month of 2017.

But the use of Premium naphtha fell sharply, at 28.8%, due to the continued increases in prices at the bombs, and this would be a reason for the price to reduce higher fuel consumption.

In one year it was selling 253 thousand cubes up to only 180 thousand.

In the case of higher quality Diesel, Grade 3, sales decrease was 6.6% in the past 12 months.

November began with 5% increases in Shell and Axion, but one week had to cut the increase in half because YPF, who holds the 56% stake in the market, just adjusted its products by 2.5%.

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