US EditionYpf Freezes Prices and Plants Before the Oil Rise
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In a move aimed at easing consumer pressure and containing the impact of inflation, YPF announced the implementation of an exceptional scheme to maintain stable fuel prices for the next 45 days. The decision, confirmed by the company's president and CEO, Horacio Marín, took effect on April 1st and comes amidst significant international oil volatility due to the escalating conflict in the Middle East. The majority state-owned oil company will imp…
The president and CEO of YPF, Horacio Marín, defended the decision to keep fuel prices unchanged for 45 days, following the recent increases driven by global oil and gas prices. “We look at our customers, to whom we owe ourselves. We’re not going to make speculation,” the executive said, explaining that the company will only transfer the real impact of costs to the pump. The measure comes in an international context marked by tensions in the Mid…
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