Gasoline price in Colombia rises $375 per gallon

From April 1, 2026, gasoline prices in Colombia rose by $375 per gallon, lifting the national average to $15,449. In Cali, prices are around $15,900, with diesel up $81 per gallon. The increase reverses prior cuts timed with legislative elections, prompting political debate.

The Ministry of Mines and Energy announced the fuel price hike effective April 1, 2026. Regular gasoline reached a national average of $15,449 per gallon, up $375 from the previous period. In cities like Cali, the price stands around $15,900 per gallon, impacting transportation costs and daily life.

Diesel, or ACPM, saw an average increase of $81 per gallon, adding strain to cargo and passenger transport sectors. This follows two consecutive gasoline price cuts earlier in 2026, which aligned with the legislative elections period.

Political sectors and social media users have questioned those prior reductions, implying a strategic motive now undone by the new rise. Authorities cite factors including the international crude oil price exceeding $100 per barrel amid global tensions, plus production, transport, distribution, and tax costs.

The Fuel Price Stabilization Fund faces pressures from these international fluctuations, aiming to cushion their effect on the local market.

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Motorists in the Philippines faced higher diesel and kerosene prices starting July 14, 2026. The Department of Energy linked the changes to global oil market volatility from tensions between the United States and Iran. Gasoline prices stayed largely stable.

Finance Minister Germán Ávila announced a $400 increase in gasoline prices starting May 1. The move reverses prior cuts from January and February amid international pressures and high oil prices. The national average price will reach $15.749 per gallon.

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Motorists in the Philippines should prepare for higher diesel costs next week as pump prices are projected to increase by P2 to P4 per liter starting July 14. The expected adjustment stems from recent global oil market movements and escalating tensions in the Middle East.

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