Oil companies are preparing to jointly apply even increases in pumps due to the barrel’s rise.

After hitting a peak of US$ 120the highest value in the last four years since Russia’s invasion of Ukraine in 2022, the crude oil price fell a US$ 101,48 this Monday morning. In the industry, they highlight that expect a stabilization of values in the coming days, although they rule out a return to the numbers prior to the outbreak of the conflict, when they were below US$ 70.

Although each company will define the increases based on its own commercial policy, The sector seeks to avoid sudden increases that impact inflationtaking into account the cascading effect on logistics costs and, consequently, on the prices of products and services. On Thursday, the Consumer Price Index for February will be released, which the consultants estimate will continue with the acceleration trend of recent months and will be similar to the 2,9% of January.

In this regard, since YPF they explained to Clarion what there will be no immediate transferbut they did recognize that it is a situation that is evaluated day by day and that already There are conversations with the competition to define how to move forward.

From New York, Horacio MarinCEO of YPFspoke of an honest commitment to consumers, a concept that he referred to last year, when on different occasions he referred to the fact that when the international price of oil goes down, prices at the pumps will go down, and vice versa: when it goes up, they will go up.

HONEST COMMITMENT TO CONSUMERS

I understand the uncertainty generated by the volatility of the international price of oil, which is why I believe it is important to reaffirm our position.@YPFoficial It will not generate shocks in fuel prices, we are prudent and… pic.twitter.com/tS0ZkG9uoM

— Horacio Marín (@HoracioMarin_ok) March 9, 2026

However, he made it clear that it won’t be abrupt. “I understand the uncertainty generated by the volatility of the international price of oil, which is why I believe it is important to reaffirm our position. YPF is not going to generate shocks in fuel prices, “We are cautious,” said Marín in a publication on X.

The executive is in the United States, where he will participate in ‘Argentina Week’, the event organized by the Argentine Embassy in the United States to sell the country to the world and attract investments in strategic sectors.

There, Marín will emphasize Argentina LNG, the most important project in the history of Latin Americawhich, according to the businessman, generates a lot of interest. “We are going to explain the opportunities for growth and investment,” he assured.