Fuels - Nyland South Energy

Chile fuel prices rise for fourth consecutive week as Brent crude tops $103 per barrel

Chile’s state oil company Enap announced the fourth consecutive weekly fuel price increase effective October 1, 2026, with gasoline rising 39.4 pesos per liter, diesel up 95 pesos per liter, and kerosene surging 281.8 pesos per liter. The cumulative impact since late July now totals approximately 142 pesos per liter for gasoline and 310 pesos […]

Chile fuel prices rise for fourth consecutive week as Brent crude tops $103 per barrel Read Post »

Ecuador, Fuels, Politics

Ecuador president cites energy efficiency gains to justify rising fuel subsidies amid international price spike

President Daniel Noboa defended Ecuador’s decision to increase fuel subsidies despite climbing international oil prices, claiming improved energy efficiency allows the state to absorb higher costs. As Brent crude surpassed $104 per barrel in mid-September 2026 due to Middle East conflict, the government’s subsidy bill is projected to reach $1,400 million by year-end, with diesel

Ecuador president cites energy efficiency gains to justify rising fuel subsidies amid international price spike Read Post »

Economy, Ecuador, Fuels

Ecuador fuel distributors announce October 6 protest over diesel margin dispute, threaten credit cuts to local governments

Ecuador’s national fuel distributor association has called a peaceful demonstration for October 6, 2026, demanding the government revise diesel commercialization margins that have remained frozen at $0.12 per gallon while operational costs have climbed. The group has already begun withdrawing credit facilities to heavy transport and municipal entities, a move that could disrupt public works

Ecuador fuel distributors announce October 6 protest over diesel margin dispute, threaten credit cuts to local governments Read Post »

Brazil, Economy, Fuels

Diesel supply disruption hits southern Brazil as Petrobras cuts imports and subsidy rollout stalls

Brazil’s diesel distribution chain faces acute supply constraints in September as Petrobras sharply reduced imports amid surging international prices while the government’s promised R$1 per liter subsidy remains unregulated. The timing coincides with the start of the summer crop planting season, particularly affecting Rio Grande do Sul, which experienced similar shortages in April. Petrobras has

Diesel supply disruption hits southern Brazil as Petrobras cuts imports and subsidy rollout stalls Read Post »

Brazil, Economy, Fuels

Vibra Energia Posts Record Fuel Station Expansion as Brazil Cracks Down on Tax Evasion

Vibra Energia added 385 new fuel stations in the first half of the year, nearly matching the 404 stations it opened in all of 2024 and marking the fastest expansion pace in company history. The surge follows intensified government enforcement against fuel sector tax evasion that analysts say is driving volumes toward formal market players.

Vibra Energia Posts Record Fuel Station Expansion as Brazil Cracks Down on Tax Evasion Read Post »

Economy, Ecuador, Fuels

Ecuador Cuts Fuel Prices for Third Consecutive Month Despite Rising International Oil Markets

Ecuador’s government reduced domestic fuel prices by three cents per gallon effective September 12, 2026, marking the third consecutive monthly decrease and bringing cumulative reductions to ten cents since June. The policy maintains downward pressure on Extra, Ecopaís and premium diesel prices while international crude oil and refined product markets face upward pressure, with WTI

Ecuador Cuts Fuel Prices for Third Consecutive Month Despite Rising International Oil Markets Read Post »

Argentina, Economy, Fuels

Argentine diesel ranks second-most expensive in South America despite August price stability

Argentina’s diesel maintains the second-highest price in South America at approximately USD 1.55 per liter, trailing only Peru, even as domestic pump prices showed relative stability in August. The positioning reflects a combination of tax policy, exchange rate effects and the continued operation of YPF’s buffer pricing mechanism, which absorbs short-term fluctuations in international crude

Argentine diesel ranks second-most expensive in South America despite August price stability Read Post »

Economy, Fuels, Peru

Peru fuel prices climb 45% since January as Middle East conflict and refining bottlenecks compound domestic supply challenges

Fuel prices across Peru have reached multi-year highs driven by sustained crude oil volatility tied to the U.S.-Iran conflict, domestic logistic constraints at Petro-Perú, and rising demand. Regular gasohol at retail now averages S/20.63 per gallon nationally, up S/6.43 from January levels, while premium stands at S/21.88, marking a S/6.41 increase. With international crude benchmarks

Peru fuel prices climb 45% since January as Middle East conflict and refining bottlenecks compound domestic supply challenges Read Post »

Argentina, Economy, Fuels

Argentina fuel sales fall 6.4% in July as northwestern provinces record double-digit declines

Fuel sales at Argentine service stations dropped 6.4% year-on-year in July, marking the sixth consecutive monthly decline and the steepest contraction since November 2024. The northwestern provinces of Tucumán, Jujuy and Salta recorded the sharpest falls, exceeding 15%, while only three jurisdictions posted marginal gains. The cumulative downturn underscores weakening commercial activity across the national

Argentina fuel sales fall 6.4% in July as northwestern provinces record double-digit declines Read Post »