Continuing weakness likely due to more intervention into the private sector by the government, negotiations under threats to YPF and maybe, curbing or stopping dividend payouts to foreign investors. The government seems to point its finger at everyone but itself for the economic problems of the nation. The ADR's are very weak this morning, March 26th.
As to the takeover of oil and gas interests, if China controlled majority interest in the US oil and gas business we would do the same thing. Remember when a chinese company wanted to invest in an oil field in Calif. and were refused by the government. What country manipulates its currency more than anyone else?? Their r core interests in countries that should stay within the control of the country, if the phone system, utility system, oil and gas, food, or any other vital interest of the US was threated with takeover or was controlled by Iran,I bet nationalization would seem like a wonderful to many of same people who think it's such a horrible thing for smaller country to try to control its economy.