Colombian drivers in Medellín will see a modest decrease in gasoline prices this weekend following a nationwide price adjustment decreed by the national government. The reduction of 500 pesos per gallon aims to ease the financial burden on consumers as part of ongoing efforts to stabilize fuel costs [[1]]. While gasoline prices will fall to 15,912 pesos, diesel prices will remain unchanged, according to the Ministry of Mines and Energy.
Gasoline prices in Medellín will decrease slightly starting this weekend, offering some relief to drivers in the Colombian city. The national government decreed a reduction of 500 pesos per gallon, bringing the price of regular gasoline to 15,912 pesos, according to the Ministry of Mines and Energy.
The price adjustment took effect nationwide on February 1, and is being applied uniformly across the country, though regional differences remain. On average, prices in the 13 largest cities fell from 16,057 to 15,557 pesos per gallon, a decrease of 3.1% compared to January, as reported by El Colombiano.
Despite the reduction, Medellín’s gasoline prices remain in line with the national average. Pasto currently has the lowest prices at 13,747 pesos, followed by Cúcuta at 13,900 pesos. Villavicencio and Cali are seeing the highest prices, at 16,091 and 16,002 pesos respectively.
Diesel prices remain unchanged.
Minister of Mines and Energy Edwin Palma explained that the reduction is a result of adjustments to the Fuel Price Stabilization Fund (FEPC), which aimed to address accumulated deficits from previous years and provide cost savings to consumers.
The ministry announced it will monitor gas stations throughout the country to ensure the price reduction is accurately implemented.
Gas Prices in Other Cities
Cities with Lower Prices
– Cartagena: 15,583 pesos
– Barranquilla: 15,626 pesos
– Bucaramanga: 15,748 pesos
– Montería: 15,833 pesos
Cities with Prices Similar to Medellín
– Ibagué: 15,907 pesos
– Pereira: 15,939 pesos
– Manizales: 15,966 pesos
– Bogotá: 15,991 pesos
