They are $ 0.60 or 17% what super gasoline becomes more expensive so far this year with the price adjustment that governs from this Saturday, March 12. And the forecasts are that it will continue to rise and exceed $4 due to the escalation in international oil prices due to the armed conflict between Russia and Ukraine.
This 2022 started with a gallon of $ 3.40. On January 12, the reference value rose to $3.52, on February 2 it continued to rise to $3.68 -and then it was already warned that it was a record price since it was liberalized in December 2018 and it no longer has a subsidy -. For this March 12, the Energy Regulation and Control Agency must define the new monthly adjustment, but the manager of Petroecuador, Ítalo Cedeño, announced that at the stations of the state oil company this gasoline will cost $ 3.98 as of Saturday 12 of March.
“(The value includes) the cost, plus the marketing margin, plus VAT, that gives us $3.98”, explained Cedeño and clarified that “it cannot be guaranteed that private companies sell at the same price”, since super gasoline does not have a rate ceiling and that implies that the other marketers can establish different amounts.
Price of super gasoline in Ecuador could exceed the barrier of $ 4, as of March 12, after escalation of crude internationally
This Friday the super is sold at $3.69 a gallon at private service stations, such as Terpel. In a Primax on Avenida de Las Américas in Guayaquil, the Super G-Prix is $3.82. At midnight the billboards are expected to be adjusted with the new prices.
This fuel has no subsidy and its value varies depending on the fluctuation of the international price of WTI crude oil, which serves as a reference for Ecuador. Petroecuador’s new rate will be in force until April 11 and represents an increase of $0.30 compared to the current value, and double so far this year.
Super gasoline, which has the highest octane rating in the country, is one of the products that most affects the Consumer Price Index. Last February, this product registered 3% inflation, according to data from the National Institute of Statistics and Census (INEC).
The price of extra and ecopaís gasoline, as well as diesel, will not change, since they have been frozen since October 2021. The gallon of extra and ecopaís costs $2.55 and diesel $1.90. (I)
Source: Eluniverso
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