YPF announced that the price of naphtha is decreasing

State-owned YPF has announced a drop in fuel prices from Monday, December 3. It will be 1% in super naphtha and 1.5% in Infinia. In addition, diesel, in both versions, will increase by 3% on average.

Thus, the rate table will be as follows: super naphtha will increase from $ 37.59 to $ 37.21; Infinia will rise from $ 44.01 to $ 43.35; Diesel 500 from $ 33.76 to $ 34.84; and Infinia Diesel from $ 39.67 to $ 40.86.

Despite this, fuels were multiplied by 13, an increase of 64.75%, or 40% more than inflation.

After the changes applied by the former Minister of Energy, Juan José Aranguren, who released the fuel prices in October 2017, the local price of naphtha and diesel depends on factors such as dollar price, the international barrel of Brent oil and biofuels. To this is added the tax on liquid fuels, updated at the end of each quarter on the basis of the consumer price index reported by the Indec.

Despite these increases, fuel sales have not declined significantly. According to Fecac data, in August 2018, the total volume of sales of liquid fuels to petrol stations decreased by 0.5% compared to August 2017. But in the case of gasoline, there was an increase of 1.8%, while that of diesel decreased by 3.5%.