The fuel price cut is now in effect at YPF: How will other oil companies react?

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The fuel price cut is now in effect at YPF: How will other oil companies react?

The fuel price cut is now in effect at YPF: How will other oil companies react?

In an unexpected move for motorists, YPF implemented a 4.5% reduction in its fuel prices starting Thursday. The reduction, which is already in effect at all service stations nationwide, provides tangible relief after months of sustained price increases. The question now is whether Shell , Axion, and Puma will follow the measure or decide to maintain their prices.

The state-owned oil company's decision was based on the recent drop in the international price of a barrel of oil , one of the main benchmarks for the sector. According to a statement from the company, the update was made after "constant monitoring of key variables," including the value of Brent , the exchange rate , the tax burden , and the price of biofuels .

Starting May 1, the new prices per liter at YPF pumps are as follows:

  • Super gasoline : $1170
  • Premium gasoline : $1,386
  • Diesel : $1173
  • Premium diesel : $1354

YPF President Horacio Marín emphasized that this measure is part of a transparent pricing policy: "Prices reflect an honest agreement with consumers. If crude oil prices go down, we go down. If they go up, we go up. That gives credibility to what we say," he said.

The company also emphasized that the adjustment reflects its commitment to offering " high-quality products " while maintaining a balance with the economic context. Expectations now focus on how the private companies that dominate the rest of the market will react. Will they join the decline or maintain their current pattern?

The scene was set. Consumers celebrate the discount, but the market awaits the next move. Is a price war at the pumps coming?

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