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Oil companies will announce low fuel

December 2, 2018 – 01:02
In December premiums will reduce the Naphthas by 4% and super drop by 2%.

Oil companies with the YPF are preparing to cut the naphtha next week, which will reach 4% in some cases after several crude oil drops.

The Secretary of Energy, Javier Iglesale, is discussing this issue with oil companies, so the stationers said yesterday that pumps will affect the fall in the coming weeks for some time, which will bear a very strong growth among users. 70% per year

The argument that the government has given is not only the fall of Brent Baral, which is considered as a reference in Argentina, but there is also exchange stability that has finished the dollar's restructuring.

As part of this, oil companies remember that this month will be more than the two tax waiver on fuel, which applies to carbon dioxide emissions and classic ITC.

From December, both will add about 25% of the weight on the tax pump.

Therefore, it is estimated that in some profiles, such as super naphtha, there will be only 2% lower during December.

On the other hand, according to the oil companies counting their refinery costs, the premium naphthas will decrease by 4% on average.

According to official figures, shipments of Naphthaus and diesel were reduced by 2.8% compared to the same month last year in 2017.

But due to the continued increase in prices in the pumps, the use of premium naphtha drastically reduced 28.8%, and this would be one reason for the price reduction in fuel. In one year, the sale of 253 thousand cubic meters of land was only 180 thousand.

In the case of high quality diesel, Grade 3, sales decline in last 12 months was 6.6%.

November Shell and Axion increased 5%, but they cut half the increase for a week because VPF, which has a market average of 56%, adjusted only 2.5%.

Increased CNG Buenos Aires

The price of Compressed Natural Gas (CNG) yesterday was $ 16 per cubic meter in the city of Buenos Aires and the suburbs of Buenos Aires yesterday.
Thus, the price of CNG in Buenos Aires's metropolitan area exceeds $ 14 to $ 16 per cubic meter, while the remaining countries have higher prices.
It was confirmed by the vice president of the GNC Chamber of Expenders, Pedro González.
Gonzalez explained that the increase in gas natural gas and metro areas is 14%, and new values ​​will remain till April 30.
"This is good because it gives predictive structure in terms of inflation," Gonzalez said about the maintenance of prices until April next, when the current contract is over. For reasons of increasing CNG prices, the business explains that this contract, ending in April, is the only country in the world that is in Pacos and that "we are left with old values" from the devaluation.

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