Ypf Announced that It Will Stabilize the Price of Naphtha for 45 Days

Clarin

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The president of the company anticipated that, in that period, the variations in the price of the Brent oil barrel will not be transferred to the dispensers.It is the main component of the value of the naphtha.

la Nacion

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Horacio Marin confirmed it to LN+; the president of the oil company said it will not move to the pump the rise of the value of the barrel

opisantacruz.com.ar

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The management of the oil company absorbs the variation of the international barrel. The commercial strategy began on April 1st and subjects the stability of prices to the tax decisions of the national government. YPF blocked the transfer of the increments of the global crude to the pumps for an exact period of 45 days. The new directive governs from Wednesday April 1st and pursues an urgent commercial objective in front of the strong contractio…

Bloomberg Linea

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The country’s largest oil company, YPF, decided to stabilize the price of naphtha and diesel for 45 days. This happens after increases that averaged between 15% and 20% in March, which varies according to the product and the area of the country and that represented one of the strongest ups in Argentina in recent years, due to the conflict in the Middle East that triggered crude oil above the US$100 per barrel, from the approximately US$70 previo…

infoblancosobrenegro.com

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YPF president Horacio Marín announced that the company will put a limit on fuel increases and that the pump will not react directly to the variations of Brent barrel, in a context of uncertainty due to the conflict in the Middle East. “We decided to create a buffer so that consumption does not fall,” he said this Wednesday night on the LN+ news channel. In addition, he pointed out that the measure “will keep prices stable for 45 days” and wished…

El Intransigente

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The president of the oil company explained that there will be no freezing, but a temporary stabilization to take care of the consumer’s pocket. The post Horacio Marín announced a price stabilization plan at YPF appeared first on The Intransigent.