PROFECO
Drop in oil prices will not lead to a drop in gasoline prices
Data from 2022 shows that gasoline prices in Mexico do not automatically mirror oil price shocks. Following Russia’s invasion of…
19 June, 2026
Only 31.2% of gas stations stick to the agreed price
12 May, 2026
Shortly after president Claudia Sheinbaum reached an agreement with gas station operators to sell diesel at US$1.56, the Federal Consumer…
Working on measures to keep fuel selling at the set price
20 April, 2026
34% of gas stations selling diesel continue to charge well above the US$1.62 that had been voluntarily agreed upon. President…
Gas subsidy cost US$282 million a week
7 April, 2026
President Claudia Sheinbaum reported that the subsidy to prevent fuel price hikes costs the treasury US$282 million per week. In…
