Fuel Market Update: Kerosene Climbs as Other Fuels Hold Steady
Chilean consumers should prepare for a shift in household heating costs this week, as the latest fuel price report from the National Petroleum Company (ENAP) indicates a notable increase in the price of kerosene. According to the data released on March 18, 2026, while most fuel categories remain stable, the cost of kerosene has risen by $107.4 per liter.
This adjustment comes as part of the weekly price reporting cycle conducted by ENAP. For motorists and businesses, however, the news is relatively neutral, as there are no significant changes to the prices of standard gasoline or diesel products for the upcoming period starting Thursday, March 19.
Breakdown of Fuel Price Variations
The latest report outlines specific variations across the primary fuel categories available in the Chilean market:
93-Octane Gasoline: No change ($0 variation).97-Octane Gasoline:No change ($0 variation).Kerosene: An increase of $107.4 per liter.Diesel:No change ($0 variation). *Vehicular LPG:No change ($0 variation).
How Prices Are Determined
It is important for consumers to note that ENAP acts as a source of market information rather than a regulatory body. The company explicitly states that it does not fix or regulate the final prices of fuels in the Chilean market. Consequently, the actual price paid at service stations is determined independently by individual distribution companies based on their own commercial strategies and operational costs.
ENAP’s pricing estimations are derived from a complex set of factors, primarily the import costs of products from the U.S. Gulf Coast, which serves as a reference market for the region. These calculations also incorporate logistical expenses, such as maritime transport costs to Chile, and the regulatory frameworks established by the Price Stabilization Mechanism for Fuels and the Oil Price Stabilization Fund.
As these market dynamics continue to fluctuate, consumers are encouraged to monitor local pump prices, as regional and provider-specific differences will dictate the final cost at the point of sale.
