He Executive power will announce on Tuesday its decision regarding the prices of fuels in it Uruguay, after weeks of concern about the impact that a regionalization of the war could have between Israel and Hamas.
Beyond the international conflicts, the price of a crude barrel had new news this month. Although it reached a peak of 96 dollars on the 20th, the monthly average value remained at 92 dollars, two dollars less than the month of September, which could mean the Energy and Water Services Regulatory Unit (Ursea) recommend keeping rates unchanged.
In the middle of last week, the barrel of oil Brent quoted to 88 dollars, Likewise, on October 9 – the business day after the outbreak of the war between Israel and Hamas – the price was $91.37. The peak, meanwhile, occurred on the 13th, when the barrel reached $94.33.
For its part, the case of oil WTI, last week it quoted $84.58, while at the beginning of the month it was at $88.81. The maximum price was recorded on the 19th, with 89.35 dollars per barrel.
What are the factors that matter?
The second half of the year brought quite a few increases in naphtha and the gasoil, driven on the one hand by the general increase in the prices of Petroleum in the world; but also due to the fact that, with the shutdown of the refinery The Tile, the National Administration of Fuel, Alcohol and Portland (Ancap) It lost the economic margin that allowed it to contain the transfer of the increase in reference values to the final price for consumers.
To this situation – already marked in terms of global energy crisis by the war between Russia and Ukraine which has been going on for almost two years—now we add the war conflict in the Middle East between Israel and Hamas, that still maintains the risk of regionalization to other countries like Saudi Arabia, the world’s largest producer of Petroleum. And, therefore, changes in events also impact values.
What are the current values of fuels in Uruguay?
Since October 1st, with a new increase decreed by the Executive, the maximum retail price of the super gasoline is 77.54 pesos per liter, while the maximum price of 50S diesel at the pump it is 59.39 pesos. That is, in the first case, 3.15 pesos more per liter than in September; while the second, 3.40 pesos more per liter.
He supergasfor its part, became worth 76.75 per kilo, a value that remains significantly below the import parity, as stated in the statement from the Ministry of Industry, Energy and Mining (MIEM). This new price represented an increase of 3.40 pesos; Therefore, refilling the 13 kilo bottle cost the public 997.75 pesos.
Source: Ambito
