Argentine Oil Major YPF Achieves Profit Growth and Production Boost

In the second quarter of 2024, YPF, Argentina’s leading oil company, declared a net profit of $535 million. This represents a 41% increase from last year. Compared to the first quarter, however, it’s a 19% decline. The company’s revenue exceeded expectations, surpassing analysts’ forecasts by $475 million. YPF announced a 5% rise in total hydrocarbon production […]