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Mexico fuel price caps hold, subsidies rise

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-07-25 23:51 UTC → 2026-07-27 00:36 UTC · added removed

By mid‑July late July 2026 about 80 84 % of Mexico’s fuel diesel stations were honoring complying with the voluntary diesel‑price cap of 27 pesos MXN per litre; outreach on 18 litre (25.39 MXN in border zones). On 25 July added 435 the government released an interactive map that flagged roughly 1,538 non‑compliant stations, raising participation highlighting hotspots such as Chihuahua, where 60 stations were identified, including 23 in Ciudad Juárez selling up to roughly 83 % of 25.99 MXN per litre. The map, updated daily by the network. Secretaría de Energía and Pemex, is intended to encourage further adherence. The voluntary gasoline cap continues of 24 MXN per litre remains in force through August to keep average diesel prices below temper price spikes during the national ceiling and under 25.39 pesos in border zones where a reduced VAT applies, supported by IEPS stimulus, lower electronic‑payment fees and competitively priced Pemex supply. Profeco confirmed vacation travel period. These actions build on 20 July earlier developments: mid‑July compliance at about 83 % of stations, Profeco’s confirmation that the basic Pacic basket remained under the government‑set ceiling of 910 pesos, with stayed below the lowest recorded price of 743.31 pesos in Hermosillo. Average diesel prices fell 6 % since early April, reaching 27.06 pesos per litre. The agency’s Operativo Vacacional de Verano 2026, launched on 16 July, installed service modules at 16 airports and 17 bus terminals 910‑peso ceiling, and highlighted Finabien’s favorable loan terms for remittances. On 24 July the Treasury announced a steep increase in weekly fuel Treasury’s record subsidies for the week of 25‑31 July, July covering 71.58 % of the diesel IEPS (tax 2.09 pesos per litre) and 38.18 % of regular‑gasoline IEPS (tax 4.14 pesos). These measures, the highest since the subsidies were re‑activated in March, aim to cushion the impact of higher international oil prices linked to the Middle‑East conflict and complement the voluntary price‑cap scheme. The same decree also disclosed that Guatemala will implement a temporary fuel‑subsidy plan of Q12 per gallon of diesel and Q3 per gallon of regular gasoline, intended to last until year‑end pending congressional approval. Funds have already been reallocated for the program, though public opinion is split between concerns over delivery speed and fiscal sustainability and relief from rising transport costs. gasoline IEPS. Together, the Mexican cap mapping initiative and ongoing subsidy package and Guatemala’s nascent aid maintain fuel prices within government‑set ceilings while confronting aim to sustain consumer‑level price stability despite rising global oil costs.

Versions

  1. 2026-07-27 00:36 UTC Mexico fuel price caps hold, subsidies rise
  2. 2026-07-25 23:51 UTC Mexico fuel price caps hold, subsidies rise

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