Ecuador’s two price-liberalized gas stations will have different fortunes this month, as the proposed price for a gallon of 95-octane super premium gasoline drops eight cents starting this April 12 to $3.99 at gas stations. Petroecuador service and branches of the state oil company. While ecoplús 89 goes up twelve cents: a gallon will be $3.15.
Petroecuador reported that, as every month, this calculation is based on reports on the current prices of oil and derivatives on the international market, “given that both gasolines are free.”
Super gasoline is sold for up to $1.15 above the recommended price. What are the reasons?
The previous month also saw that difference, but the super went up in price and the 89-eighths ecoplús was reduced instead. Now the opposite is happening.
The prices of other fuels remain frozen. Extra and ecopain gasoline at $2.40 per gallon, and diesel at $1.75.
Source: Eluniverso
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