Overview
- YPF, which meets Monday with Shell, Axion and others, will decide how to price gasoline and diesel after its price buffer expires May 15.
- The buffer held back new increases tied to Brent crude swings so pump prices stayed roughly stable while other cost components could still move.
- Station owners and market operators estimate local prices lag import parity by about 15%, and analysts expect any catch-up to be staged though details remain open.
- With more than 55% of Argentina’s fuel market and 1,660 stations, YPF’s move could ripple through transport costs and inflation that officials are trying to cool.
- Global oil spiked more than 50% after late-February U.S.–Iran clashes, lifting local fuels about 23%, and has since eased 10–12% to roughly $95–$101 a barrel.