Government and oil companies evaluate the local impact of rising international prices at Brent – Telam



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The nearly 14% jump in the international oil price has today renewed tension between the national government and oil companies because of the impact that the international price of crude oil will have on oil. Local activity, in a context of freezing prices and warning the withdrawal of equipment and suspensions at Vaca Muerta is over.

The price of Brent crude oil – a benchmark for the local oil industry – today recorded a 13.9% increase in the London market, to reach $ 68.60 a barrel due to Drone attacks perpetrated Saturday in refineries in Saudi Arabia, which resulted in a 5% reduction in the global oil supply.

The oil shooting deepens the differences that the national government and the producing companies maintain because of the freezing of crude oil and local fuels, the effect of the reference price of Brent being added to the exchange rate frozen at $ 49.50 per dollar. $ 59 per barrel, provided for by Orders in Council 566 and 601.

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