YPF CEO Horacio Marín announced a 1% increase in fuel prices starting Thursday, May 14. The move aims to prevent shocks at the pump through the price buffer system.
The announcement was made on May 13. Marín explained that the adjustment follows a detailed analysis of market conditions and supply and demand variables.
The company will keep the price buffer system in place for 45 additional days. This will prevent passing on sharp fluctuations in the international Brent oil price to consumers.
Marín stated that YPF will continue micropricing to maximize returns based on time slots and geographic zones. The firm reaffirmed its commitment to preserving demand without harming shareholders or clients.
