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Mexico reduced the complementary diesel subsidy by 1.01 pesos to 1.59 pesos per liter for November 7–13, following a sharp weekly fall in Brent crude prices. The government also lowered fiscal incentives on Magna and Premium gasoline; diesel’s average pump price was reported at 26.99 pesos per liter.
Reduced diesel support may raise fuel costs paid by transport and farm operators relative to the previous week, although the cut followed falling crude prices. Higher diesel costs can lift agricultural logistics and production expenses, putting upward pressure on feed-ingredient prices.
eleconomista.com.mxSebastián Díaz MoraNov 9, 2026After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% 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.
