New gasoline and ACPM prices take effect from January 2026

From January 1, 2026, Colombia rolls out adjustments to gasoline and ACPM prices, with average increases of $90 and $99 per gallon, respectively. The Energy and Gas Regulation Commission (CREG) released the update, which varies by city due to transportation and distribution costs. National averages stand at $16.057 for gasoline and $10.984 for ACPM.

The Energy and Gas Regulation Commission (CREG) announced fuel price adjustments that took effect on January 1, 2026, across Colombia. The change reflects production cost dynamics and aims for a gradual price update, as stated by the regulatory body.

The national average increase was $90 per gallon for regular gasoline, raising it to $16.057, while ACPM rose $99 per gallon to $10.984. These figures incorporate producer income: $10.919 for gasoline, $6.020 for ACPM, $12.611 for fuel alcohol, and $18.965 for diesel biofuel.

Final prices vary by location, affected by logistics, transportation, and local taxes. Cities with the highest gasoline prices include Villavicencio ($16.591), Cali ($16.502), and Bogotá ($16.491), followed by Manizales ($16.466), Pereira ($16.439), and Medellín ($16.412). The lowest are in Pasto ($14.247) and Cúcuta ($14.400).

For ACPM, Cali tops at $11.424, followed by Villavicencio ($11.376), Pereira ($11.363), and Manizales ($11.349). In contrast, Cúcuta ($9.032) and Pasto ($10.338) have the lowest rates, with Bogotá at $11.276 and Medellín at $11.301.

This adjustment impacts consumers and the transportation sector in Colombia, where fuels are a major expense for households and businesses. The CREG stresses that the changes aim to balance the supply chain without extreme volatility.

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Realistic depiction of Colombia's second $500 gasoline price cut, showing joyful locals refueling at a Bogotá gas station with updated lower prices on display.
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Colombia enacts second $500 gasoline price cut from March 1 after ministerial confirmation

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Mines and Energy Minister Edwin Palma signed a resolution for a $500 per gallon gasoline price reduction effective March 1, 2026—the second consecutive cut following February's drop—bringing the average price in Colombia's 13 main cities to $15,057. The move, confirmed days earlier by Finance Minister Germán Ávila, aims to ease economic pressures amid Fuel Prices Stabilization Fund (Fepc) improvements.

With the price increase effective from January 1, 2026, Cali ranks as Colombia's second city with the most expensive fuel, just behind Villavicencio. In the Valle del Cauca capital, a gallon of regular gasoline costs $16,502, while ACPM reaches $11,424, sparking concern among transporters and users.

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Building on Minister Palma's recent confirmation of progress, the Colombian government will reduce regular gasoline by 300 pesos per gallon from February 1, 2026. Finance Minister Germán Ávila confirmed the move closes the Fuel Prices Stabilization Fund (FEPC) gap with international prices, easing consumer costs.

Following Decree 1428 of 2025's announcement to end diesel subsidies for private, diplomatic, and official vehicles—raising prices by ~$3,000 while sparing public transport—service stations in affected regions raise operational issues amid the Colombian government's FEPC reforms.

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Building on Dane's initial report of 5.29% annual inflation for February 2026—below January's 5.35% and market expectations around 5.5%—Anif analysis credits a $500-per-gallon gasoline price reduction as the main factor. Without it, inflation would have accelerated to 5.38%. Services and food exerted upward pressure, offset by regulated price relief.

José Antonio Kast's government issued decrees tweaking the Mepco, allowing historic gasoline and diesel price hikes starting March 26. The move addresses surging oil prices from the Iran war and fiscal tightness, with relief for paraffin and transporters. Congress approved the bill after negotiations exempting SMEs from higher taxes.

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The Colombian government has confirmed a toll rate adjustment effective January 16, 2026, tied to the 5.30% Consumer Price Index variation. This applies to all highway concessions and aims to ensure the transport system's financial sustainability. Strategies will be implemented to ease the impact on users and transporters.

 

 

 

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