Monday , May 23 2022

Other oil companies add to the reduction in price – 01/07/2019



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The reduction in fuel prices, which began the Monday YPF, will remain & # 39; next b & # 39; Shell. And it is likely that, in the next few hours, will extend to AXION and Puma.

The super naphtha Shell brand will withdraw from $ 37.99 to $ 37.77, representing a decrease of & # 39; 0.6%, while diesel (Formula Diesel) go & # 39; from $ 35.98 to $ 35.72.

The decision taken by Raizen, the company has a license to use the Shell brand in the country. There will be no changes in naphtha prices and premium diesel.

In AXION Energy, to that mark and the network was Esso, for m & # 39; no official notification. But in stations & # 39; of & # 39 services; that flag already circulated yesterday that there will be a reduction in the coming hours. Usually, AXION closely the price YPF. The last time YPF reduced its prices and AXION with emulahiex, had a small flight of its customers. Therefore, it is corrected.

In the network & # 39; & # 39 stations; Puma also according to some. F & # 39; that company were waiting movements & # 39; AXION and Shell before taking a decision. But the decision & # 39; Shell to reduce the amounts x & # 39; likely to push Puma f & # 39; that direction.

YPF is the largest player in the gasoline market, b & # 39; more than one 55% participation. Shell has 20% of sales. Between them, they send three of four & # 39; & # 39 liters; fuel in the country.

AXION is in third place, next to Shell. Puma (by Trafigura) has been gaining market share. Although it & # 39; away from the big three, has a policy of & # 39; pricing "aggressive" and it is estimated that it will increase its share.

Although the price of oil drop & # 39; 30% from October, reducing fuel is lower, almost 3% between December and January. This is a consequence of the devaluation, according to the industry. The Argentina peso writing-more than 100% against the dollar in & # 39; one year. In the same period, the fuel increased 75%, according to the executives of the industry.

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