Axion and Shell have raised the price of gasoline and diesel

The oil companies Axion and Raizen (Shell) have raised their fuel prices by between 11 and 12 percent Super and Premium from midnight on Sunday, in what is the third increase of the year in pumps.

the state oil company The YPF, for its part, decided not to fold with this new increase as confirmed by sources in the energy sector.

In particular, oil company Axion raised its Super fuel by 11%, Premium Nafta by 12%, and Gasoil and Diesel by 11%. Shell, for its part, raised Premium diesel and gasoline by 11 percent and Super fuel by 10%.

The last adjustment was in March, when Super Nafta and Grade 2 Gasoil increased by an average of 9.5% and those with higher quality by 11.5%.

As explained in the fuel sector in Clarion, the new increase is justified by triggering various variables that affect the selling price to the public, particularly the international price of oil, which trades at $ 113 USD per barrel of Brent. So is the gap between income and costs due to inflation, which puts greater pressure.

Besides Demand levels higher than pre-pandemic were added, which forced oil tankers to import fuel to increase local supply. Approximately 20 percent of the fuel sold to the public is imported.

Another factor that has hit the sector is the war between Russia and Ukraine, which is raising oil and energy prices around the world.

With this increase, the fuels add up to an increase of more than 30 percent so far this year, slightly higher than inflation, which in the CPI calculated by INDEC is at 22 per cent.

However, stationers warn of that the price is still low at the break-even point optimally they need to work. In 2021, due to the price freeze applied by the government, gasoline will be nearly 20 points below inflation. IPC was 50.9, while gasoline was up 30%

This evolution of relative prices has resulted in a worse performance of the total invoicing of the country’s Service Stations, many of which are below the equilibrium of sales.

According to a report prepared by the Confederation of Hydrocarbons and Related Trade Entities (CECHA), which brings together stationers from across the country, in March this year, total sales volume was 7.7 percent lower of sales volumes recorded in the same period of 2018,

This represents an accumulated decrease in sales of nearly 8.2 million m3 of liquid fuels. “It’s been almost five months since the bill which has been gone for several years, ”they explain from CECHA.

“We’ve been together for four years works in survival mode. First it was the recession, then the pandemic and now an economic context of uncertainty, marked by new peaks in inflation, delays in prices, fuel shortages, ”warns Gabriel Bornoroni. , president of CECHA.