(Bloomberg, 7.May.2020) — West Texas Intermediate has been gaining since its history-making crash in the U.S. last month, trading at around $25. Brent crude has been practically soaring, touching $30 in London. They can’t match the criollo barrel in Argentina, though — $45 guaranteed, no matter what. That dream price […]
Tag: Matias Kulfas
Argentina Blocks Oil Imports In Bow To Local Producers
(Argus, 10.Mar.2020) — The oil price collapse is prompting Argentina to revive state intervention to protect the domestic oil industry. The national government is putting the brakes on imports of crude, gasoline and diesel, a move that mainly benefits state-controlled YPF, Argentina’s top oil producer and refiner. In the new […]
Argentina To Ease NatGas, Power Price Controls In June
(S&P Global Platts, 18.Feb.2020) — Argentina plans to lift controls on power and natural gas tariffs as soon as June, a senior government official said, in a move seen as key for reviving investment in gas production. “It is not a permanent freeze,” Production Minister MatÃas Kulfas, who oversees energy […]