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Fuel: world prices for gasoline, diesel fuel and liquefied gas fell again

Downward price swings are in effect during the week of Monday 8 to Sunday 14 August 2022, Opecu points out.

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International fuel reference prices continue to fall this month, according to a recent report by the Peruvian Consumer and User Affairs Agency (OPEC), based on a publication by Osinergmin.

This week prices for gasoline, fuel oil, diesel and liquefied petroleum gas declined as much as 5.17% per gallon, declining for the eighth week in a row.

Petrol

Gasoline and gasohols were the ones to report the biggest discounts for the week, dropping from 1.54% to 5.17%, which should mean prices drop from S/0.20 to S/0.84 per gallon at prices shown cranes.

At the wholesale level reference price per gallon petrol 84 fell in price to 10.11 s/, gasoline 90 fell in price to 11.23 s/, gasoline 84 fell in price to 10.25 s/, gasoline 90 fell in price to 11.28 s/, gasoline 95 fell in price to 11.75 s/, gasoline 97 and 98 fell to 12.10 s/.

Diesel

In the case of diesel, the discounts were 1.90% and 2.03% only for the 0-2500 ppm and 2500-5000 ppm varieties.

According to Guardian, diesel 0-2500 ppm and 2500-5000 ppm have cut their wholesale prices to 14.45 and 12.04 shillings per gallon respectively, which means a reduction of 0.25 to 0.28 shillings per gallon on taps.

CIS

Finally, automotive liquefied petroleum gas (LPG) fell 0.69% per gallon, while bottled LPG fell 0.78% per kilogram. This means that only S/0.02 will be reduced in price.

Currently, the portal “Fasilito” Osinergmina indicates that the price automotive LPG In metropolitan Lima it ranges from 7.79 to 11.99 S/, depending on the area.

While a 10-kilogram gas cylinder is sold in stores in the capital at prices ranging from $40 to $68.

Since when do they have to fall?

Custody claims it’s price cuts fuel they must be valid from Monday 8th to Sunday 14th August. But they believe that consumers do not see reflected or full discounts at the national level.

“Osinergmin has already warned oil companies and importers, as well as the marketing network, that they must report updated prices or they will be fined and sanctioned,” said Hector Plate Canepa, president of Opecu.

Recall that Osinergmin said that those cranes and service stations that repeat non-compliance three times will be suspended for a period of five days.

Source: RPP

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