Economy and Business > PUBLIC RATES
The Minister of Industry, Omar Pagani, commented that the international price tends to normalize and is close to import parity
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November 28, 2022 at 17:10
Ancap’s fuel rates will remain unchanged in December. This was announced this Monday at a press conference by the Minister of Industry, Energy and Mining, Omar Paganini.
The oil market showed positive news for the interests of Uruguay during the last week with prices that moved downwards and were around two-month lows on the coast of the Gulf of Mexico, the theoretical import market that Ursea takes into account. Meanwhile, the price of a barrel of Brent crude has lost about US$10 per barrel in the last month. This Monday this type of crude was trading at around US$ 84.
“Ursea’s report shows that the import parity price to the pump is still slightly above the current retail price,” Paganini said at a press conference. In the retail prices calculated by the Ministry of Industry, the prices of gasoline and diesel remained practically unchanged.
According to Ursea’s Import Parity Price (PPI) report, the price of Super gasoline ex Ancap plant with taxes dropped from $66.78 per liter in October to $64.06 in November. In the case of common diesel, its value went from $59.76 to $55.08 per liter.
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