Overview

• YPF, Argentina's state-owned oil company, will reduce fuel prices by 4% nationwide starting May 1, 2025.
• The price cut is attributed to lower international Brent crude oil prices and a more stable exchange rate.
• This marks the second fuel price reduction by YPF in less than a year, following a previous cut in October 2024.
• Fuel prices in Argentina are influenced by factors such as exchange rates, Brent oil prices, biocombustible costs, and tax policies, with government oversight to manage inflation.
• The reduction comes as fuel sales have been declining for eight consecutive months, reflecting weakened consumer demand amid prior price increases.