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Home / argentina / Fuel sales increased by 7% in October, but fell by almost 3% in the year – 11/29/2018

Fuel sales increased by 7% in October, but fell by almost 3% in the year – 11/29/2018



After nearly 70% of rising prices, fuel sales rose in October by 7%, compared to September. However, they register and a year-on-year decline of 2.85%, These official data will be confirmed in November, according to several oil companies consulting. "Flooring was achieved in September, has since improved and stayed in November, "slipped into the company.

As it happened during the year, "premium" fuel is the least benefit of some reactivation. His office improved by 4% in October, but still are 28% lower compared to the previous year in the case of "premium" petrol, The highest quality of diesel is 6% lower than in 2017.

The total gas volume dispatched in October 2018 is 4% lower than in the same month of 2017. In diesel, the drop is slightly above 2%.

Premium fuel prices grew by almost 75% this year. This caused his sales to fall in an unusual way. In the executive department, he says higher octane gas prices should go down (10% have been mentioned, but with another dollar quote) since December. As for oil, oil companies say that these amounts are still too late and that the increase will be almost real.

In any case, the improvement in last October was recorded for the type of fuel that was delivered. 33% were higher, compared with 28% who selected these products in the same month of 2017.

Diesel was on average 32.54 in October for YPF, while this "premium" fuel was delivered at $ 38.51. The "super" largest oil company in the country was $ 36.76, while the premium was sold at $ 43.47.

Price corrections for November were lower and changed. Axion showed and showed more than 5%, consistent with what Shell did later. But the YPF was a 2.5% recombination cut. Given that the growth was lower than that of competitors, Axion and Shell turned and reiterated their growth in value made by YPF,

"We have migrated 30% of our flag clients towards YPF ", confessed to the executive body that asked not to be identified. "The executive power of state oil companies also put pressure on the increase in November," they say in another company. The government and the YPF deny that these frictions existed.

The November rally was the lightest: the super reached $ 37.59, while the premium climbed 54 cents to $ 44.01.

Although two months to define, oil companies estimate that this year's fuel supply could be higher than last year. Behavior in December will be unbalanced.

Cruise exit, oil company Cristóbal López, Within the brands that make up the market, it also has effects. YPF's market share rose from 53.75% to 54.85%, according to Cech's data on information provided by the Energy Secretariat. The Shell brand (now in the hands of Brazilian Raizen) lost the market: from 20.93% to 20.54%. Axion grows from 12.25% to 13.91%. This last flag has always been trying to get money similar to those of the YPF, but in the last few months it has broken a bit and is halfway between the leader and Shell.


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