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Lack of MinMinas means fuel price stability

Monday, April 4th, 2016 Category: Downstream & Pricing
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Lack of MinMinas means fuel price stability

We always reserve this spot for our monthly rant about the government’s fuel price formula. New fuel prices are announced on or about the first of the month. But apparently because there is no real MinMinas (the minister in charge, María Lorena Gutiérrez, is only concerned with the electricity crisis), the ministry decided to maintain prices where they were in March. We take the opportunity to update our producer price index graphs.

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