Colombia Gasoline Price Increases April 2026: City Rates and Impact

The Colombian government implemented increases to gasoline and diesel prices on April 1, 2026, as rising oil costs continued to place pressure on the national budget.

Fuel prices in major cities rose by an average of 375 pesos, approximately $0.10, for gasoline. Diesel prices, referred to as ACPM, increased by an average of about 81 pesos.

Regional Price Impacts

The adjustment has left gasoline prices in several Colombian cities close to 16,000 pesos per gallon, while ACPM has risen to approximately 11,000 pesos.

In Medellin, the average price for a gallon of gasoline has been recorded at 15,800 pesos since the April 1 increase.

The price adjustments are not uniform across the country, creating a patchwork of costs for motorists depending on their location.

Economic Drivers of the Surge

Several interconnected factors contributed to the price surge. These include fluctuations in global crude oil prices, geopolitical instability, and increased seasonal demand as economies recover.

Logistical challenges and changes in refining capacity have further exacerbated supply constraints, leading to higher costs at the pump.

Regional tax policies also play a significant role in the final cost paid by consumers, as some jurisdictions impose higher gasoline taxes than others.

Impact on Transport and Labor

The price hikes are affecting both private users and the transport sector, sparking concerns regarding inflationary pressures and broader economic repercussions for transportation-dependent industries.

Drivers in the gig economy are experiencing particular financial strain due to the fuel price surge.

In Cúcuta, taxi drivers have expressed rejection of a 400-peso increase in gasoline, warning that the hike will negatively impact the local economy.