Mar 10 • 02:03 UTC 🇦🇷 Argentina La Nacion (ES)

Marín said there will be no price shocks in gasoline, but warned: 'If you need to refuel, do it today'

The CEO of YPF reassured that no significant increases in gasoline prices are expected immediately, but advised consumers to fill up sooner rather than later due to potential future rises influenced by the situation in the Middle East.

In light of the ongoing uncertainties surrounding the impact of the Middle East conflict on fuel prices in Argentina, Horacio Marín, the CEO of YPF, has stated that there will not be any drastic changes to gasoline costs for the time being. He emphasized, however, that if consumers need to refuel, they should do so promptly as future price increases may occur if the company experiences adverse effects from escalating global situations.

Marín elaborated on YPF's approach to pricing by noting that while the company has not yet seen significant repercussions on gasoline prices due to the conflict, it will adjust prices based on changes in its cost structure. He reassured consumers that the company averages fuel costs to maintain stability in pricing, despite the external pressures that may arise from world events affecting the oil markets.

In his comments, Marín highlighted the preparedness of YPF to navigate through global crises, expressing confidence that they can manage potential fluctuations without causing consumer panic. His remarks reflect a strategy of cautious optimism aimed at providing consumers with a sense of reliability amidst international uncertainties that could disrupt fuel supply chains.

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