# Diesel Subsidy Cut by One Peso to 1.59 Pesos per Liter

> 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.

- Date: 2026-11-09 · published 2026-11-09T06:25:03.898Z
- Category: policy · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/89023-diesel-subsidy-cut-by-one-peso-to-1-59-pesos-per-liter
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

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.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-09-02 | [Why Diesel Prices Are Set To Soar \| OilPrice.com](https://feedsoft.ai/events/63225-why-diesel-prices-are-set-to-soar-oilprice-com.md) | -0.9% | +7.6% |
| DIESEL | 2023-04-02 | [Oil prices surge after surprise move to cut output](https://feedsoft.ai/events/7947-oil-prices-surge-after-surprise-move-to-cut-output.md) | +2.0% | -10.0% |
| DIESEL | 2021-03-05 | [OPEC stuns by opting not to raise output; was diesel a reason? - FreightWaves](https://feedsoft.ai/events/48282-opec-stuns-by-opting-not-to-raise-output-was-diesel-a-reason-freightwaves.md) | +3.2% | -3.7% |
| DIESEL | 2023-09-05 | [Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year](https://feedsoft.ai/events/34018-saudi-arabia-to-extend-voluntary-cut-of-1-million-barrels-per-day-until-the-end.md) | +8.6% | +4.7% |
| DIESEL | 2026-10-02 | [What’s Behind the Diesel-Market Crunch - WSJ](https://feedsoft.ai/events/17229-what-s-behind-the-diesel-market-crunch-wsj.md) | +8.4% | +0.3% |

## Sources

- eleconomista.com.mx: https://www.eleconomista.com.mx/economia/reducen-peso-subsidio-diesel-1-59-pesos-litro-20261108-842834.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.