Oil companies increased fuel prices by up to 30% on Friday, with state-owned YPF showing the highest price jump so far. Sources from the sector told the Herald that Shell oil company kicked off the wave of price increases with a 15% jump in the morning, with YPF following suit at noon. Buenos Aires YPF gas stations now charge AR$404 for super gasoline, AR$499 for premium gasoline, AR$431 for diesel, and AR$543 for premium diesel. President-elect Javier Milei appointed Horacio Marín as the new CEO of YPF. Marín is an engineer who worked in the Techint group.

Source: Bueno Aires Herald December 09, 2023 09:29 UTC