Fuel price will drop at taps from next week

A significant drop on the board of all taps should be displayed starting on Tuesday or Wednesday of next week, after Petroperú announced the day before a new reduction in the wholesale prices of its Gasohols and industrial diesel in the plant.

For example, Gasohol 97 will go from cost S / 16.73 to S / 15.84, a reduction of S / 0.89 per gallon, while gasohol 95 will go from S / 16.58 to S / 15.71, a reduction of S / 0.87 per gallon. Meanwhile, gasohol 90 will go from cost S / 16.23 to S / 15.43, a reduction of S / 0.80 per gallon, while gasohol 84 will drop from S / 15.83 to S / 15.13, a reduction of S / 0.70 per gallon.

Finally, the B5 S-50 diesel will go from cost S / 15.40 to S / 14.75, a total reduction of S / 0.65 per gallon. All these reductions taking as a reference the prices at the Callao Plant of the state oil company.

Will continue to decline

As La República had anticipated, this new price variation, warned during the week by Osinergmin (although to a lesser extent), responds to fears in the foreign market due to the omicron variant of COVID-19, in addition to EE’s decision To release its crude reserves. However, the reduction in prices for the Peruvian organization was not going to fall below S / 0.61 per gallon, a moderate forecast compared to the new diffusion of Petroperú.

For Gustavo Navarro, managing partner in Peru of Gas Energy Latin America, the new price scale for diesel and others fuels Indispensable for transport and local industry should be appreciated from Tuesday of next week.

“All the taps nationwide, including those of Repsol, should show the new prices from Tuesday or Wednesday at the latest, once the stock of two or three days that, at most, each one handles, “he said.

In addition, the former director of Hydrocarbons explained that, in line with the market trend, this drop is likely to be replicated again.

“I hope that prices continue to drop, well what Osinergmin publishes is the average of the last two weeks, so it is still necessary to reflect what happened last Monday ”, manifested.