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Government announces fuel price adjustment



From the next July 1st, a new variation of 150 additional pesos will be regulated in the price of gasoline and diesel gallons. On average, the price of gasoline in Colombia will be $ 9,302 and ACPM will be $ 8,824.

Adjustment is $ 217 and $ 64 less per gallon of gasoline and diesel, up to this year, compared to the first seven months of 2018.

While between January and July 2018, the increase was 386 USD per gallon of gasoline and 358 USD per gallon of diesel, in the same period of 2019 the increase was $ 169 per gallon of gasoline and $ 294 per gallon of diesel"Reported the Ministry of Mining and Energy.

He added that "fuel price change for the month of July orincrease international oil prices and depreciation of the exchange rate, By 2019, Brent grew from $ 58 / USD to $ 62 / USD, while the rate rose from an average of $ 3,200 to $ 3,260.

In the same period of 2018, Brent grew from $ 55 / USD to $ 58 / USD, while the exchange rate rose from an average of $ 3,000 to $ 3,200.


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