There’s nice information for the general public that the federal authorities has introduced a serious discount within the costs of petroleum merchandise, following which petrol has been diminished by Rs 15 39 paise and diesel by Rs 7 88 paise per litre.
The Oil and Fuel Regulatory Authority (OGRA) introduced a discount within the costs of petroleum merchandise following the approval of Prime Minister Shahbaz Sharif.
On this regard, in response to the notification issued by the Federal Ministry of Finance, the value of petrol was diminished by 15 rupees 39 paise whereas the value of excessive velocity diesel was diminished by 7 rupees 88 paise.
In line with the notification issued by the Federal Ministry of Finance, the value of sunshine diesel oil was diminished by 7 rupees 54 paisa whereas the value of kerosene oil was diminished by 9 rupees 86 paisa.
After the discount in costs, the value of petrol per liter shall be Rs 273 10 paise, whereas excessive velocity diesel shall be out there at Rs 274 8 paise per litre.
Equally, kerosene shall be out there at Rs 173 48 paise per liter whereas the value of sunshine diesel oil has been fastened at Rs 161 17 paise.
The federal government diminished the costs of petroleum merchandise
In line with the Federal Ministry of Finance, the discount within the costs of petroleum merchandise shall be utilized from 12 midnight, whereas the costs of petroleum merchandise will stay unchanged for the subsequent 15 days.
It ought to be famous that the federal authorities has diminished the costs of petroleum merchandise for the second time in a month.
Earlier on Might 1, the federal authorities had diminished the value of petrol by 5 rupees 45 paisa and the value of diesel by 8 rupees 42 paisa.
He precio from Gasoline in Mexico ‘accelerated’ until more than 27 pesos per liter during the last weeks and it is already more expensive to ‘charge’ combustible in the country that in the gas stations of USA and in several countries of Latin America.
The place globalpetrolprices.com reported that the cost of high-octane gasoline, type Premiumhas a cost of 17.65 pesos per liter at service stations in the city. American Unionwhile in Mexican territory it is sold for almost 27.50 pesos.
The above implies that the precio reported by the service stations located in Mexico is up to 56% higher than at American gas stations, with a very important difference of 9.84 pesos for each liter.
This without taking into account that said energetic became almost 30% more expensive during the sexennium current, with increases of more than 8% in the last 12 months, according to the figures and reports published by the government federal.
Mexican gasoline through the roof
The specialized consultancy Petrointelligence.com reported that, at the close of April 1, 2024, the regular gasoline reached a maximum price of 26 to 26.62 pesos per liter at gas stations in Baja California Sur, Chiapas, Chihuahua, New Lion, Jalisco y Nayarit.
He reported that the Premium was not far behind and reached a peak of 27.49 pesos per liter at gas stations in Nayarit y New Lion; followed by the Guerrero, Chihuahua, Sinaloa, Jalisco y Sonarawhere the cost reached more than 27 pesos.
While diesel rose to a maximum price of 27.79 pesos per liter in the centers of charge of Chiapas; in addition to a cost to the public of 27 to 27.13 pesos in Guerrero, MichoacanJalisco and Nuevo León.
The above, the consulting firm pointed out, without taking into account that in more than a dozen states in the country – such as Campeche, Puebla, Michoacan, Quintan Roo y Mexico state– Gasoline and diesel have already exceeded 25 and 26 pesos per liter.
Gasoline rises 30% in this six-year term
The Federal Consumer Protection Agency (Profeco) reported that the price of gasoline reached accumulated increases of 24% to 30% during the current six-year term, with an annual average of 6%, a figure that exceeds the current rate of inflationof 4.40%.
through the site Who’s Who in Gasoline Prices, He pointed out that the Magna or regular registered a price of 20.49 pesos per liter, which compared to the maximum of 26.62 pesos reported by Petrointelligenceshows an increase of 29.91%.
When applying the same comparative exercise, he stated that gasoline Premium or high octane began the fourth month of five years ago with a price of 22.12 pesos, which currently rose to 27.49 pesos per liter, with a cumulative increase of 24.27%.
While the cost of dieselwhose consumption is key in the industry, agriculture y transport of goods or people, went from 21.68 to 27.79 pesos, with an increase of 27.79%, in the reference period.
It should be noted that in all cases, the energetic analyzed added increases of between five and more than six pesos per liter, during the last five years; figures that according to analysts can increase and direct the price of the gasoline for 30 pesos per liter.
Three questions to
Marcial Marcial Diaz Ibarra, consultant on issues energetic and president of the Association of Regulators of the Energy Sector (ARSE)
1. Why did gasoline rise to more than 27 pesos per liter?
– The increase is explained by four reasons: first, the changes to tax stimulus that applies Hacienda to the price of gasoline, through the Special Tax on Production and Services (IEPS); second, to a financial strategy of Pemex to obtain a greater utility.
Third, due to the high cost in transport of combustiblethrough pipes instead of ducts, which is inefficient; and fourth, to the increase in the international oil pricewhich this week rose to more than $87 per barrel, its highest level in five months.
2. How much can the price of gasoline rise in the coming weeks?
The price of the gasoline can go up to 29 pesos per liter in several states of the country, during the coming weeks; and in May, there would be a new adjustment to the IEPS fiscal stimulus, which forgives a part of the taxes that consumers pay, to make it go down; and with this, argue that the government The cost of fuel did not increase.
3. Which sectors are most affected by the increase in gasoline?
To all Economic sectors is affected by the increase in the price of gasoline, because most of the goods, supplies and products are transported by roadwhich increases the costs of production of all industries. In addition to the economic impact it has on public and private passenger transportation; the latter through the purchase of fuel for family cars.
BOXES
Higher gasoline and diesel prices
The consultant Petrointelligence.com reported that the highest price per liter of Gasoline y dieselduring April 1, 2024, was registered at the service stations of:
Regular o Magna
- Baja California Sur: 26.90 pesos
- Nayarit: 26.33 pesos
- Jalisco: 26.31 pesos
- Nuevo León: 26.29 pesos
- Chiapas: 26.13 pesos
- Chihuahua: 26.00 pesos
Premium
- Nayarit and Nuevo León: 27.49 pesos
- Sonora: 27.45 pesos
- Jalisco: 27.22 pesos
- Chihuahua: 27.05 pesos
- Durango: 27.02 pesos
- Warrior: 27.00 pesos
Diesel
- Chiapas: 27.79 pesos
- Nuevo León: 27.13 pesos
- Jalisco: 27.11 pesos
- Warrior: 27.00 pesos
- Michoacán: 27.00 pesos
Latin American countries with the most expensive gasoline
- Uruguay: 2.02 dollars
- Belize: 1.77 dollars
- Mexico: 1.56 dollars
- Costa Rica: 1.41 dollars
- Chile: 1.38 dollars
#price #accelerates #pesos
2024-04-04 19:05:39
2023-12-06 12:43:30
The country in South America with the cheapest gasoline is Venezuela. Photo: composition by Fabrizio Oviedo/La República/BBC
Global Petrol Prices revealed its 2023 ranking of countries with the most expensive gasoline in the world. In the last edition, Hong Kong leads the list with US$3,103 for each liter, almost double that of the South American country, which surpasses Chile and Peru.
The countries with the cheaper gasoline They are Iran, Libya and Venezuela, with US$0.029; US$0.031 and US$0.035 per liter, respectively. We already know the South American country with the cheapest figures, now it will be the turn to meet the expensive one, which appears in the top 20 in the world.
Which is the South American country with the most expensive gasoline in 2023?
above Chile y Peru. Uruguay is the country in South America where a liter of gasoline costs US$1,978 or US$7,486 per gallon. These figures have even positioned it in the top 20 worldwide since 2022. But why is that?
Taxes on gasoline are the main reason for this situation, under the Government of the current president, Luis Lacalle Pou. With respect to oil, it costs the same for any country, including those that import fuel.
Uruguay is the country with the most expensive gasoline in South America. Photo: The Observer
However, this problem did not appear during the mandate of Lacalle For. The South American country led the ranking of the highest prices per liter of fuel in Latin America since 2001, according to Cepal.
Hong Kong is the country with the most expensive gasoline in the world. Photo: BBC
Top 14 gasoline costs in Latin America
Uruguay: US$1,978 per liter or US$7,486 per gallonChile: US$1,494 per liter or US$5,654 per gallonMexico: US$1,421 per liter or US$5,380 per gallonEl Salvador: US$1,265 per liter or US$4,787 per gallonPeru: US$1,214 per liter or US$4,596 per gallonHonduras: US$1,173 per liter or US$4,440 per gallonPanama: US$1,132 per liter or US$4,285 per gallonBrazil: US$1,127 per liter or US$4,267 per gallonParaguay: US$1,019 per liter or US$3,858 per gallonArgentina: US$0.925 per liter or US$3,501 per gallon gallonColombia: US$0.891 per liter or US$3.373 per gallonEcuador: US$0.634 per liter or US$2,400 per gallonBolivia: US$0.542 per liter or US$2.051 per gallonVenezuela: US$0.004 per liter or US$0.016 per gallon
What is the price of gasoline TODAY in Lima?
Gasohol regular
Maximum price: 17.79 soles per gallonMinimum price: 14.95 soles per gallon
Gasohol premium
Maximum price: 19.98 soles per gallonMinimum price: 15.89 soles per gallon
Diesel
Maximum price: 20.99 soles per gallonMinimum price: 16.89 soles per gallon
The South American country with the most expensive electricity in 2023
The country where electricity service is most expensive is Uruguay, where each Kilowatt-hour (kWh) costs US$0.24. Peru continues the list, with US$0.23; that is, a slight difference of 0.01. These figures have even positioned it in the top 30 worldwide. But why is that?
This is because Uruguay is the second country in the world with great incorporation of renewable energies in its energy matrix. It has around 43 wind farms that generate energy, which represents more than 30% of the origin of electrical energy. The rest comes from hydraulics (29%), firewood and biomass waste (23%), diesel (10%), solar (3%) and fuel oil (2%).
The city in South America where it is most expensive to buy an apartment
Montevideo is the most expensive city to buy an apartment in South America, according to the results of the Real Estate Survey of Latin America (RIAL), carried out by the Finance Research Center (CIF) from Torcuato Di Tella University Business School in collaboration with the platform Zonaprop.
The city located in Uruguay the m² is quoted at US$3,166so it surpasses cities like Santiago, Rio de Janeiro, Buenos Aires, São Paulo, Lima, among others from the same continent. Furthermore, this amount has managed to position it among the most expensive of all Latin Americasurpassing up to three cities in Mexico.
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2023-12-05 16:53:10
The price of regular diesel ended last month at R$6.19, and that of S-10 ended the period at R$6.36
The data comes from the Edenred Ticket Log Price Index (IPTL), a survey prepared by Edenred Brasil’s mobility business line.
The price of regular diesel ended last month at R$6.19, and that of the S-10 closed the period at R$6.36.
The values, when compared with the first half of November, fell by 0.32% and 0.62%, respectively, according to Ticket Log. On this comparative basis, the biggest loss was recorded in Mato Grosso do Sul (-1. 37%) and the biggest increase, in Roraima (+0.14%).
The data takes into account supplies made at 21 thousand accredited gas stations.
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#price #regular #diesel #increased #monthly #November #shows #IPTL