Photorealistic depiction of soaring kerosene prices at a Santiago gas station, with concerned locals amid Chile's fuel crisis news.
Photorealistic depiction of soaring kerosene prices at a Santiago gas station, with concerned locals amid Chile's fuel crisis news.
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Kerosene price rises $107.4 per liter starting Thursday in Chile

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Enap announced a new $107.4 per liter increase in kerosene (parafina) prices, adding to last week's $107.9 rise, pushing Santiago prices near $1,400. The government is reviewing changes to Mepco and FEPP amid Middle East conflict pressures and fiscal constraints. Minister García Ruminot said a proposal will be resolved soon.

The National Petroleum Company (Enap) reported that starting Thursday, March 19, the reference price of kerosene will rise $107.4 per liter, following a similar $107.9 increase last week. In Santiago, parafina will approach $1,400 per liter, according to La Tercera data. Other fuels like gasoline, diesel, and vehicular LPG show $0 variations this week; new gasoline prices will be announced next Wednesday, as they adjust every three weeks by Enap, which does not set final prices—distributors do, factoring in U.S. Gulf Coast import costs, shipping, and mechanisms like Mepco and FEPP.

人们在说什么

Discussions on X highlight outrage over Enap's $107 per liter kerosene price hike effective March 19, pushing Santiago prices near $1,400 amid winter. Left-leaning users criticize the Kast government for impacting the poor and contradicting stabilization promises. Supporters attribute it to prior rises under Boric, Middle East tensions, and kerosene's limited coverage by MEPCO/FEPP funds. Journalists note it's the second consecutive weekly increase.

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Chilean gas station showing historic fuel price hikes after government decree on Mepco, with queues of drivers and La Moneda palace in background.
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Government neutralizes Mepco and drives fuel prices to historic highs

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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.

Finance Minister Jorge Quiroz announced increases of $370 per liter in 93-octane gasoline and $580 in diesel, effective from Thursday, March 26, due to the international oil price surge from the Iran conflict. The government also activated palliative measures, including freezing Transantiago fares until year-end and subsidies for taxi drivers. Quiroz justified the moves as necessary to align local prices with international levels and safeguard public finances.

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菲律宾司机本周面临又一次燃料价格上涨,柴油将于1月27日星期二生效每升上涨P1.40。这延续了柴油连续五周的上涨趋势。汽油和煤油价格也将小幅上涨。

Fuel prices in Brazil rose for the second consecutive week, according to ANP data released on March 13, 2026. Diesel saw an 11.8% increase, while gasoline rose 2.5%, reflecting the impacts of the war in Iran on international oil prices.

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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。

Chile's Finance Minister Jorge Quiroz stated the government is reviewing changes to the Fuel Price Stabilization Mechanism (Mepco) due to high fiscal costs from oil price rises tied to the Middle East conflict. He previewed a bill to fund the Petroleum Price Stabilization Fund (Fepp) and prevent paraffin price hikes. Opposition lawmakers criticized it as passing war-related costs to families.

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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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