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The Chilean government agreed with trucking associations to cut diesel by 142 pesos per litre and freeze fuel prices until 31 March 2027, provided Congress approves the bill. Gasoline would fall by 39 pesos per litre, and the government put the fiscal cost at US$900 million over 2026 and 2027.
The Senate was scheduled to vote on Monday 16 November.
Lower diesel costs ease trucking and feed delivery expenses inside Chile, which can support domestic feed logistics margins. The measure is a national fuel subsidy with little effect on global diesel or grain prices.
energiafutura.clHans LampeNov 15, 2026After 159 past policy events, ULSD / Diesel moved a median +0.3% over 5 sessions (52% higher; middle half -4.3% to +3.3%), and -0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
