Yesterday, Sunday, February 12, 2023, the price of unsubsidized, ecoplus and super gasoline increased between 0.05 and 0.07 USD. The public company Petroecuador announced on February 11 that this price will apply for the new period until March 11.

$3.13 per gallon of ecoplus and $4.05 per gallon of super, that's the cost of derivatives for this new month. Indeed, compared to the values of the previous month, these amounts represent an increase of between 1.6% and 1.7%, respectively. In its time, ecoplus had a reference price of $3.08 and Super, which has an octane number of 95, was sold at $3.98.

However, prices may vary at gas stations, as their profit margin is free and the final value is established based on supply and demand. After Russia announced that it would reduce its oil production by 500,000 barrels per day (bj) in March, the DUA price WTI closed on February 10, 2023 with an increase of 2.1%, reaching 79, 72 dollars a barrel. He gained almost 9% last week according to Agencia EFE