After Shell raised the price of its fuel on Wednesday, YP extension adhered to the measure and announced a increase average of 3.8% In their gasoline starting from the first hour of this Thursday.
“This adjustment helps to compensate for the change in the official exchange rate, the higher logistics and operating costs and the increase in biofuel prices,” the oil company explained.
In the city of Buenos Aires, the average price of super petrol went from $163.10 to $169.30, while the infinite increased from $209.10 to $217. Meanwhile the diesel 500 went from $175.10 to $181.80 and the endless dieselfrom $250.50 to $259.90.
Like Shell, the YPF price hike came hours after inflation was known for February, which recorded a increase from 6.6%with a year-over-year change of 102.5%.
Thus the process of increases in the quantities of petrol defined between the Ministry of Energy and the companies in the sector continues. After this increase in March, the government and businesses will sit down again to outline the rest of the year.
Regard third fuel increase of the yearafter those implemented in January and February, also confirmed shortly after the National Institute of Census and Statistics (INDEC) released the inflation data, and the fourth which is applied within the framework of the agreement with the Government.
In 2022, meanwhile, the oil companies had ordered seven increases.
Petrol prices at Shell
As of this Wednesday, new gasoline values at Shell gas stations located within the city of Buenos Aires have risen to $169.07 for the super petrol$205.33 for the prize$189.05 for the common dieseland $245.41 for the premium diesels.
The oil companies joined the Fair Prices program last November, when they agreed with the Energy Ministry to implement hikes capped at 4% during the first three months, with the latest increase in March.
In this way, companies have tried to give their support to the Government’s strategy of containing prices and reducing inflation.
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Source: Clarin
