Finally, Shell backed down with rising prices
Argentina, February 11, 2011
The Anglo-Dutch Royal Dutch Shell finally decided to roll back with the price increases after receiving several fines by the Argentinean State.
The company reported that fuel prices rolled back to the values of 28 January this year, as mandated in resolution 13 of the Secretary of Commerce, Guillermo Moreno.
The oil company had received several fines for breaking the rules set prices of oil derivatives. For this, they reduced again for the values but said legal actions were initiated against the regulation.
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