Compared to July 19 (date of our last review), just over three weeks, the peak prices of these fuels they decreased by S/1.50, S/1.60, S/1.40, S/1.30 and S/1, respectively. In the case of gasohol of 98, its highest price in the capital is below S/30.
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In addition, the districts in Lima where the highest prices are found are Carabayllo, in the case of gasohol from 84; Cieneguilla, for 90 and 98; San Isidro, for 95, and Surco, for 97.
reasons
One of the factors to take into account is the decrease in the international price of Petroleumsays Luis Espinoza, former Vice Minister of Energy.
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According to the United States Energy Information Administration, the international price of West Texas Intermediate (WTI) crude oil closed near US$90 a barrel last Tuesday (US$90.50), and yesterday it ended the day at US$91.93.
Along these lines, Arturo Vásquez, director of research at the Gerens Graduate School specializing in mining and former deputy minister of Energy, explained that the demand for Petroleum has been declining, affected by the negative outlook on the world economy.
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In turn, the weekly report of the Scotiabank Economic Research Department, dated August 8, indicated that the downward pressure on crude oil has intensified since June with the inflation data from the United States and the decision of the Federal Reserve to Raise your interest rate by 0.75%.
Another aspect to take into account is the drop in demand for fuels in the northern hemisphere, Espinoza and Vásquez point out. Espinoza pointed out that, despite the fact that in the summer in that area of the world the demand for fuels increases, this time it has decreased due to the higher prices registered in the US.
Expectations
Vásquez pointed out that the price of Petroleum -and therefore of the fuels– might continue with a downward trend until September or the beginning of October, given that following these months winter is faced in the northern hemisphere.
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However, he specified that the price of crude oil would not reach US$70 once more, given the war between Russia and Ukraine, since there are still problems in the transport logistics chain.
Espinoza added that the demand would continue to decrease with the technical recession in the US, but he specified that the price of the dollar must still be taken into account, given that Peru imports Petroleum.
Specialists recalled that the local effect of falling prices usually takes time. This taking into account the importation of these products.
