The oil company, which seeks to balance local prices with international pricesdecided to accompany this downward trend in the value of crude oil. So, Gasoline prices fell 1% and diesel prices fell 2%.
Thus, a liter of gasoline now costs $11 lesswhile the liter of diesel changes its value with a total drop of $20.
Updated fuel prices in the YPF of CABA:
- Super Gasoline: $1,048 (-$11)
- Premium Gasoline: $1,296 (-$13)
- Grade 2 Diesel: $1,062 (-$22)
- Grade 3 Diesel: $1,307 (-$27)
The word of the president of YPF
Horacio Marín, president of the oil company, stated: “No one has to subsidize anyone. Neither we the consumers nor the consumers us,” and added that he wants “reach a fair agreement”.
“If the price of international crude oil rises, the price of fuel locally will rise. If the price goes down, we will go down,” said Marín in reference to following the price that is available internationally.
On the other hand, YPF assured in a statement: “Within the framework of the commitment assumed with customers, YPF informs that as of zero hours on October 1, the price of gasoline will drop by 4% and diesel by 5% on average throughout the country. This decrease will not be reflected directly at the pump, because there is a 3% increase as a result of the devaluation and the increase in taxes. However, YPF’s effort is -5% and -4%.”
“The company maintains a fair price in their fuels that reflects the conditions of the international and local market and the evolution of costs associated with the production of fuels,” they expressed.
They concluded that the measure to lower prices occurs “in the context of a fall in the international price of Brent crude oil, “which is part of the price structure of all fuels worldwide.”
Source: Ambito
