The company with a state majority applied a 4.5% reduction this Thursday. In the other two companies the reduction ranges between 2% and 8%, depending on the area and the type of fuel.
One day after the decrease of 4.5% was made in the price of gasoline and diesel announced by the company Fiscal oil deposits (YPF)with most state actions, their competitors Shell and Axión decided to join the decline in their service stations. The reduction oscillates Between 2% and 8%depending on the area and the type of fuel.
YPF was the one who took the initiative a few days ago, when he announced a decrease in fuels. The decision arose after Descending movement of oil price last Marchwhen 15% were reduced since the end of that month, with the decrease in the value of the barrel of US $ S74.98 Au $ S63.60.
Within that framework, the national company reported that it made a “Constant monitoring of key variables to define your price policy” and that took into account to apply the reduction “The international value of the Brent, the exchange rate, the tax burden and the price of biofuels”.
On the axion side, they confirmed during Friday that they lowered their prices in line with the reduction applied by YPF, while Shell also announced a decline, although without major details, according to the media Infobae.
It should be noted that the value varies by province due to factors such as provincial taxes and transport costs. Therefore, the price is not the same throughout the country, even among cities within the same province.
Statements by Alberto Boz, president of Faeni
Alberto Boz, president of the Argentine Federation of Naftas del Interior Expendors (Faeni) celebrated the measure of the oil companies but predicted that “He doesn’t think it’s sustainable in time.”
“Something lowered that it is good for the consumer’s pocket and hopefully we will encourage consumption and recover a little volume that we come from 14-15 months of falling in the total volume sold in Argentina of fuel,” said Boz.
“This is A very thin bracelet where the government knows and that is why he uses YPF as a reference price. He wants to have more or less on these values that impact inflation, ”he closed.
Fuente: Amit