EconomyFinancialIt is not a joke of the Day of...

It is not a joke of the Day of the Holy Innocents: Pemex assures that there will be no 'gasoline' in 2022

Octavio Romero Oropeza, director of Pemex, has made an announcement that could generate suspicions on the day of the 'Holy Innocents': the manager ruled out that there will be an increase in fuel prices in January. But unlike all the fake news that is already viralized on social networks, the announcement that there will be no 'petrol' in 2022 is true.

"These rumors that there will be 'gasoline' in January, no, because fortunately we have support from the federal government," said Romero Oropeza, during the morning conference.

Although crude oil prices rose during the third quarter of 2021, driven by higher demand, restricted production by OPEC and OPEC +, and weather-related supply disruptions; Romero Oropeza said that the government will reduce the tax burden on Pemex in order to maintain fuel prices.

Romero Oropeza assures that Pemex was the oil company with the highest tax burden in the world, so reducing it will help prevent an increase in fuel prices. "With this we will be able to ensure that prices do not rise above, in real terms," he explained.

The manager pledged that fuel prices will remain below inflation not only in the first month of the year but for the remainder of the six-year term.

Will El Buen Fin be able to stop inflation?

If it wants to be successful, the sales season of El Buen Fin 2022 must have very attractive offers and discounts to make Mexicans consume and beat inflation.

Get rid of inflation! Gentera achieves triple-digit profits

Despite the good dynamism of its portfolio, the institution will show caution in 2023 due to the "January slope" and the possible defaults of its clients.

Arca Continental enters the distribution of Don Julio tequila

The Coca-Cola bottler will now test distillate distribution, while reinforcing Topo Chico's presence in the ready-to-drink category.

For the first time, Pemex exports a shipment of crude oil from a private...

The cargo contained crude oil from three fields awarded to the Italian ENI in 2015. The ship would have been destined for Spain, sources told Expansión.

Inflation in Mexico picks up 8.5% in the first half of October

The rise in prices more than doubles Banxico's goal and indicates that the entity will continue to make credit more expensive at its next monetary policy meeting.