Gasoline and diesel go for the third consecutive year without subsidies

When fuel prices remain stable or do not have large increases, the Treasury collects IEPS fees completely, or with small discounts, which helps collect tax revenue.

The objective of granting discounts to IEPS fees It is to amortize the price increase when the price of crude oil rises.

How much does gasoline cost in Mexico?

Although the Treasury is charging more for gasoline IEPS, the prices of these fuels showed small drops from last Friday to this one.

On Friday, May 24, the average price of Magna gasoline in Mexico reported 23.56 pesos per liter, that of Premium gasoline 25.27 pesos, and that of diesel 25.15 pesos, according to the PETROIntelligence agency.

While on May 31, the average price of Magna gasoline reported 23.54 pesos per liter; that of the Premium 25.23 and the diesel at 25.13 pesos per liter, reports information from PETROIntelligence.