Overview
- The federal government has withheld IEPS subsidies on gasoline and diesel for 14 consecutive weeks, leaving drivers to pay full tax rates until at least July 18.
- National morning benchmarks on July 14 recorded gasoline Magna at 23.443 MXN/L while Premium and diesel averaged 25.635 MXN/L and 26.270 MXN/L respectively.
- Crude oil has climbed 6.3% over the past three weeks with WTI rising 2.2% to $68.45 per barrel after the IEA warned of a tighter global market.
- The CRE and Profeco publish daily pump price updates and PETROIntelligence provides morning benchmarks to enhance pricing transparency.
- For the week of July 13–19, LP gas in Mexico City and Estado de México ranges from 10.64 MXN/L to 19.71 MXN/kg, reflecting regional distribution cost variations.