The boards of the local stations already with new prices / S. Casali

The oil company YPF yesterday increased the price of its fuels by 4 percent, as the crude refining companies had agreed with the national government, and adds to what was implemented on Sunday by Raízen Argentina, licensee of the Shell brand.

In this way, YPF has since yesterday new reference prices in our region; for example, the liter of super gasoline became worth $169.70; premium gasoline $217.15; the 500 diesel is around $172.00, and the premium diesel is $258.50, according to surveys at network stations.

Meanwhile, sources from the Axion brand estimated yesterday that the increase in their pumps would materialize during these hours, with which the three oil companies that control more than 90 percent of the market will have increased their prices by 4 percent, which it will surely have an impact on inflation in the first month of 2023.

The cost of fuels is mainly made up of the evolution of the international price of oil, the local price of biofuels, the exchange rate and the tax component.

At the end of November, the Minister of Economy, Sergio Massa, announced the agreement with the oil companies so that fuels participate in the Fair Prices program with monthly increases of up to 4 percent from December to March of this year, with which he hopes to “go a path of tranquility.

The companies applied a first increase in December within the framework of this understanding, but in January they accepted that the scheduled increase be applied as of January 15 to avoid a greater inflationary impact at the start of the year.

In February, fuels will increase again by 4 percent and in March, 3.80 percent,

California18

Welcome to California18, your number one source for Breaking News from the World. We’re dedicated to giving you the very best of News.

Leave a Reply