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Happy Pocket: Enap says all fuel prices will be reduced from this Thursday

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Gasoline and LPG for passenger cars will fall by 27.5 pesos per liter ($/lt), while diesel will fall by $16.1/litre.

The first Wednesday of December has arrived, National Oil Company (Enap) has reported a new change in the price of fuel per liter, with the changes coming into effect from Thursday the 7th.

in the case of 93 and 97 octane gasoline Calculate. 27.5 pesos per liter ($/lt) decrease .

Regarding diesel which also decreases by about $16.1/lt. Liquefied petroleum gas (LPG) for vehicles This is a drop of $27.5/lt.

The stock price outlook for the coming weeks is as follows.

Octane 93 and 97 gasoline: -27.5$/lt
Diesel: -$16.1/lt
Vehicle LPG: -$27.5/lt

Fuel prices record new decline

As such, in recent months fuel prices have started to move away from their upward trend, which means a big hit to the pockets of families, people and businesses who use cars as an essential part of their travels and businesses.

Enap stressed that as a company it does not regulate or set fuel prices in the domestic market. Its role is “solely to wholesale various hydrocarbon derivatives to distribution companies that serve consumers directly and set selling prices.”

To calculate these downward changes, import parity rules, the Fuel Price Stabilization Mechanism (MEPCO), the Fund for Oil Price Stabilization (FEPP), and mechanisms established by the authorities are used.

Source: Biobiochile

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