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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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.

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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International gasoline prices have surged 74.7% since US and Israel attacks on Iran began on February 28, pushing Brent crude over $100 per barrel amid Strait of Hormuz risks. Colombia, after early-year dips, implemented a price hike on April 1, with experts warning of further adjustments amid global tensions.

韩国周日汽油和柴油价格适度上涨,政府考虑采用价格上限制度,以应对中东冲突升级导致能源价格上涨的担忧。据韩国石油公社数据,全国平均汽油价格达到每升1,893.3韩元(1.27美元),较前日上涨3.9韩元,柴油上涨4.8韩元至每升1,915.4韩元。

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最新的行业评估显示,受全球油价战溢价持续消退影响,4月21日起柴油价格预计将每升大幅下调24至26比索,汽油每升下调2.50至3.50比索,高于此前每升17至19比索的预测。此次调整延续了4月14日燃油降价带来的缓解效应,以应对2026年燃料危机。

能源部长莎伦·加林(Sharon Garin)表示,5月5日(周二)燃油价格将再次上涨,其中柴油每升上涨2.66比索,汽油每升上涨2.21比索。煤油价格将每升下调3.53比索。

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The escalation of the Iran war is driving up oil prices and causing noticeable increases at German gas stations. Diesel now costs an average of 2.04 euros per liter, gasoline 1.94 euros. Politicians are calling for government interventions against rising fuel costs.

 

 

 

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