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Shell, Axion and Puma Increase Fuel Prices Up to 5%; YPF Has Not Yet Passed On the Increase

By Comunicaciones Mineras
Shell, Axion and Puma Increase Fuel Prices Up to 5%; YPF Has Not Yet Passed On the Increase
Shell, Axion y Puma aumentaron combustibles hasta 5% tras superar el crudo US$107.

Shell, Axion Energy and Puma Energy began applying increases of between 2% and 5% in fuel prices. The adjustment came after international crude exceeded US$107 per barrel, in a context marked by the Middle East conflict.

YPF, which controls more than half of the local market, has not yet passed on this increase to its service stations. Its president, Horacio González, left open the possibility that the company will review its prices soon.

The state oil company leads fuel sales, with a 55.6% market share, and also leads the diesel segment, where it reaches 58%. Prices may vary depending on the jurisdiction, although the following averages are recorded in the Buenos Aires Metropolitan Area.

National Average Prices

  • YPF: Super unleaded, $2.049; Premium, $2.246; diesel, $2.199; Premium diesel, $2.379.

  • Puma Energy: Super unleaded, $2.059; Premium, $2.310; diesel, $2.227; Premium diesel, $2.447.

  • Axion Energy: Super unleaded, $2.117; Premium, $2.383; diesel, $2.297; Premium diesel, $2.513.

  • Shell: Super unleaded, $2.161; Premium, $2.436; diesel, $2.282; Premium diesel, $2.537.