Shell fuel prices They increased by 4% on average as of 00:00 this Wednesday, February 15.
According to Raizen Argentina, licensee of the brand, the update “attempts to absorb as little as possible increases in the prices of biofuels.”
Also “the increase in logistics costs, and the variation of the official exchange rate that affects the price of the raw materials that we use for the production of fuels.”
In November of last year, the oil companies together with the Ministry of Economy agreed to a ceiling on gasoline increases for a period of four months. In December the 4% increase materialized and in mid-January there was a similar rise.
In this sense, the agreement of the Fair Prices program contemplated the increase that became effective this Wednesday. In this frame, in March there will be another increase but it will be 3.8% as agreed with the Secretary of Commerce.
Thus, the average prices for service stations in the City of Buenos Aires they would go from $162 to $168.40 for a liter of super gasoline; and $200 to $208 for the V-Power. Meanwhile, the liter of diesel will go from $182 to almost 190 pesos.
