Uruguay's state-run oil company Ancap yielded profits of US$128 million for the first semester of 2022 despite adjusting prices below the import parity price (IPP), it was announced Friday in Montevideo.
Uruguay's Deputy Minister of Industry, Energy and Mining, Walter Verri hinted a new hike in the price of petrol was coming up in August and warned people will need to get used to such a mercurial behavior