Axion and Petrobras join YPF and increase naphtha up to 3% – 11/07/2018

The fuel market could not hold a week at the same price. YPF increased on Monday and Saturday last week. And this Wednesday, they were followed by Axion and Petrobras (in the hands of Trafigura), who applied their second increase.

Axion increased naphtha on average by 1% and diesel by 3%, while Petrobras stations by Pampa Energía increased sold to Trafigura and still carry the flag of the Brazilian company increased their products between 1 and 1, 8%. Shell has not touched, at least for now, its prices, although this oil was the one that rose the most last week, with increases of up to 12%.

Axion's Super Naphtha increased from $ 28.08 to $ 28.41; the premium, from $ 33.75 to $ 34.12; diesel, from $ 24.45 to $ 24.74 and the premium, from $ 29.56 to $ 29.89

According to the Minister of Energy Javier Iguacel last week, the price of fuel is free . His comments ended up being a novelty for the industry that came to sign agreements to freeze prices with his predecessor, Juan José Aranguren. Asked about the possible quotas imposed by companies that do not want to sell products that they deem "cheap", Iguacel said that the problem for companies is that they do not want to be competition.

YPF had started with the first increase of the Iguacel era on Monday, July 2nd. Up to 1% (gas oil), 5% (super naphtha) and 8% (premium) of their products. And last Saturday, he applied a further 1% increase, with the argument that he was transferring to the price of the hike that the government had set on the same Monday 2 on the biofuels used to cut the gasoline. gasoline and diesel.

YPF came to the tour of Axion, Shell and Petrobras. In the case of Axion, the increases were similar to those of YPF, while Shell was higher: between 9% and 12%. Then he reversed and corrected just that increase.