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Shell increases fuel prices by 4%


The increase, which will be in force from this Sunday, had already been agreed with the Ministry of Economy. The other oil companies are expected to take the same course.

Raizen, the oil company that owns the exploitation of the Shell brand, decided

a 4% increase in the price of fuels

, which will be in force from this Sunday.

In this way, the path of increases in the amounts of gasoline defined between the Ministry of Energy and the companies is fulfilled.

The increase

was scheduled for the beginning of the month


But Economy Minister Sergio Massa asked the companies to delay.

In this way, the transfer was postponed for a fortnight.


increases are on the way

: another 4% in February and 3.8% in March.

Then, the Government and the companies will sit down again to outline the rest of the year.

Although the other oil companies have not announced it yet, once one company increases, the others tend to fold.

In this case, it was started by Raizen.

Although there may be a difference of hours or days, it was always followed by its competitors, such as YPF and Axion.

More increases are on the way: another 4% in February and 3.8% in March.

The price of super gasoline was $150 at YPF stations in the city of Buenos Aires.

While the premium was dispatched at $185. But Shell sells at higher amounts than YPF.

It is at least $10 more expensive.

A delayed rise

The oil companies were prepared to apply a 4% increase for about two weeks.

However, Massa modified the deadlines and the increases went to the second half of January.

The Economy Minister was upset when he read on the cover of Clarín that a 4% increase was coming for that month.

Immediately, he called the oil companies to inform them that they should wait for that redial.

Massa, who is well received by the oil companies, notified the companies that there would only "be" a rise in prices after the second half of January.

The increase was scheduled for the beginning of the month, but Sergio Massa asked the oil companies for a postponement.

The companies (YPF, Axion, Raizen -which operates the Shell brand-) were already studying when to apply the rebranding, until Massa's decisions reached them.

The first increase, in December, was applied as soon as the calendar changed, and stationers believed that this would also happen the following month.

But the barrage of increases (public services, prepaid, cell phones) led the Government to diagram that little pause.

The oil companies applied

seven increases during 2022


In gasoline they were below the annual CPI, while in diesel they were above that indicator.


look also

The dollar started the year up: three specialists tell how it can continue from here on

In the economy, the data of reality rule, not the epics of words

Source: clarin

All business articles on 2023-01-15

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