2024-10-12 13:30:00
The price of gasoline additional and eco-land85 octane, and the big one (95 octane) will change in Ecuador from this October 12, 2024. Hydrocarbons Regulation and Control Agency is in charge of the socialization of the new rate, which will be valid until November 11.
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From this October 12, 2024, the extra gasoline, ecocountry y excellent there will be a decrease for the second month in a row.
The price of extra gasoline and ecogas went from 2.59 to 2.56 dollars per gallon. Although, the super gasoline95 octane, has a suggested price of $3.90 per gallon.
Therefore, the three gasoline sold in the country will be sold at a lower price this month, confirmed Oswald ErazoExecutive Secretary of the National Association of Petroleum Derivatives Distributors (Camddepe).
Extra, premium and eco-gasoline prices are updated on the 12th of each month.
On this occasion, and for the second month in a row, the price per gallon falls, from 12 October to 11 November.@First results @eluniversocom @elcomerciocom @lahoraecuador @teleamazonasec @ecuavisa
— Oswaldo Erazo (@oswaldo_erazoa) October 11, 2024
The price of gasoline changes every month
From last June 28, 2024, the president of Ecuador, Daniel Noboathe end of the subsidys extra gasoline and eco-land.
After this change, these derivatives entered a bond system and the rate changes monthly, according to the price of oil in the international market. With this new system, the price of these derivatives changes on the 12th day of every month.
Similarly, the regulations indicate that the price of the extra gasoline and eco-land It cannot increase by more than 5% per month or decrease by more than 10% from the previous month.
Although the price of Super gasoline is released and sold at different rates, depending on the service station, respecting the margins ofl recommended price.
Oil price
WTI crude oil (a reference to Ecuador) is currently trading at $75 a barrel.
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