Sunday , May 28 2023

The – fuel can & # 39; continue to decline until March because – oil prices – National oil


The – economists agreed that – price – fuel can & # 39; further decline in – Chile, of – at least until March, because – IP. T Low oil prices in international markets, which also have an impact on low inflation for the first months of this year.

In early October, the Brent oil and WTI recorded the highest value in international markets and by that time the price was declining b & # 39; permanently.

Only in October and November crude oil price decreased by & # 39; more than 25%, Due to increased supply worldwide.

This decrease was also reflected in the values ​​which the petrol sold in & # 39; country in different numbers & # 39; its octane, since in the last 10 weeks the average price fell 54 pesos per liter.

F & # 39; November was even reflected in & # 39; null variation in the Consumer Price Index, and is expected to f & # 39; December will have a negative impact on the CPI.

The Chile Foundation economist 21, Eugenio Rivera, indicated that if there are no major fluctuations in the international scenario, this decline can & # 39; maintained at least during the the first quarter of 2019.

The economist of the University of Chile, Alejandro Alarcon, meanwhile, provides that the crude oil price in the domestic market may experience some small increases, Driven by higher price of the dollar.

According to the projections of the Central Bank, the international price of oil this 2019 quoted in & # 39; higher than current values, So this low price is no longer permanently beyond the first quarter.

Since January, the price will be collected based record & # 39; re CPI basket to modify any charges, which also incorporates new products and it is expected that the low price of & # 39; Crude affect low inflation.

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