Fuels

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Fuels, Peru, Politics

Peru suspends biofuel blending mandates and minimum inventory rules amid supply crisis in southern regions

Peru’s energy ministry has implemented emergency fuel supply measures following production constraints at Refinería Talara, maritime delays, and road blockades that have created critically low inventory levels nationwide. The interventions mark the government’s response to compounding logistical failures threatening fuel availability across multiple southern departments. The Ministry of Energy and Mines issued Directoral Resolution N° […]

Peru suspends biofuel blending mandates and minimum inventory rules amid supply crisis in southern regions Read Post »

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Chile, Economy, Fuels

Chile Fuel Prices Approach Historic March Highs as US-Iran Tensions Escalate

Fuel prices in Chile are nearing the historic levels reached in March 2026 following renewed tensions between the United States and Iran. The latest increase marks the second consecutive price hike after four months of downward adjustments, putting pressure on the country’s transport sector. Chile’s state oil company Enap announced increases of 0.037 dollars per

Chile Fuel Prices Approach Historic March Highs as US-Iran Tensions Escalate Read Post »

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Economy, Ecuador, Fuels

Ecuador enacts second consecutive fuel pricing formula adjustment, sets 0.75-1.5% monthly reduction corridor

Ecuador’s government has modified its exceptional fuel pricing mechanism for the second time in consecutive months, establishing a graduated reduction corridor that begins at 0.75% and can reach 1.5% under specified conditions. The revision creates a structured framework for responding to international petroleum price volatility while maintaining fiscal sustainability objectives, with automatic monthly application until

Ecuador enacts second consecutive fuel pricing formula adjustment, sets 0.75-1.5% monthly reduction corridor Read Post »

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Fuels, Peru, Politics

Peru allocates S/33.8 million for two-month diesel subsidy administered through Lima transport authority

Peru’s government has launched a temporary fuel subsidy program targeting national, regional and provincial passenger and freight transport operators, with the Lima and Callao Urban Transport Authority assuming exceptional administrative responsibilities outside its normal jurisdiction. The subsidy mechanism runs through late July 2026 with a two-month application window extending to September, establishing precedent for cross-jurisdictional

Peru allocates S/33.8 million for two-month diesel subsidy administered through Lima transport authority Read Post »

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Brazil, Fuels, Politics

Petrobras Diesel Price Adjustment Offsets Federal Subsidy Withdrawal, Maintains R$3.30 Per Liter Rate

Petrobras executed a R$0.3515 per liter diesel price reduction effective July 1st that precisely mirrors the federal government’s withdrawal of its fuel subsidy program, leaving distributor pricing unchanged at R$3.30 per liter. The simultaneous policy shift eliminates the temporary discount mechanism while maintaining market pricing stability, though the company signals potential gasoline price adjustments remain

Petrobras Diesel Price Adjustment Offsets Federal Subsidy Withdrawal, Maintains R$3.30 Per Liter Rate Read Post »

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Bolivia, Economy, Fuels

Bolivia maintains fuel prices through year-end despite ongoing supply chain disruptions from 53-day blockade

Bolivia’s government confirmed fuel prices will remain unchanged through at least the end of the year as international oil prices return to levels seen during the December price adjustment, hovering around seventy dollars per barrel. Economy Minister Gabriel Espinoza dismissed concerns over dollar availability for fuel imports, citing international reserves near $4.9 billion with over

Bolivia maintains fuel prices through year-end despite ongoing supply chain disruptions from 53-day blockade Read Post »

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Ecuador, Fuels, Politics

Ecuador Implements Fourth Consecutive Fuel Price Increase Since March Amid Middle East Tensions

Ecuador raises prices for Extra, Ecopaís, Super gasoline and diesel effective June 12, marking the fourth consecutive monthly increase driven by international crude oil volatility and Middle East geopolitical tensions. The pricing adjustments reflect sustained pressure on the domestic fuel market as global supply dynamics continue to deteriorate, with state-owned Petroecuador maintaining that distribution networks

Ecuador Implements Fourth Consecutive Fuel Price Increase Since March Amid Middle East Tensions Read Post »

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Economy, Ecuador, Fuels

Ecuador’s super gasoline reaches record $5.70 per gallon as monthly increases continue for fourth consecutive month

Ecuador’s super gasoline has reached an unprecedented price of $5.70 per gallon effective June 12, 2026, marking an 18.5% increase from the previous month and surpassing historical highs recorded during the 2022 Russia-Ukraine crisis. The adjustment reflects continued international market pressures, with subsidized fuels Extra, Ecopaís, and premium diesel registering their fourth consecutive monthly increase

Ecuador’s super gasoline reaches record $5.70 per gallon as monthly increases continue for fourth consecutive month Read Post »

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Argentina, Economy, Fuels

YPF advances “RefiPlus by YPF” brand rollout for Refinor network as northern operators report supply normalization

YPF’s integration of the Refinor station network under an advanced rebranding initiative positions the state oil company to extend its commercial footprint across Argentina’s northwest provinces while delivering operational improvements that have already stabilized fuel availability and pricing. The planned “RefiPlus by YPF” format represents more than cosmetic changes, with technology integration and a consignment

YPF advances “RefiPlus by YPF” brand rollout for Refinor network as northern operators report supply normalization Read Post »