Ecuador's President Daniel Noboa has initiated a reform in the regulatory framework governing the pricing of diesel fuel, as outlined in Executive Decree 303, issued on February 11, 2026. This reform alters the formula used to calculate the price per gallon of diesel, which will take effect at midnight on February 12 and remain in force until March 11, 2026. This change comes in conjunction with the periodic adjustments for gasoline prices that occur each month on the same date, emphasizing the government's responsive approach to fluctuating market conditions.

The new regulations stipulate that the price component for diesel, referred to as PTn, must not drop below a base price of $2.219388 per gallon, excluding VAT. Additionally, there is a unique transitional provision in place due to exceptional international market circumstances, allowing for the inclusion of the previous 20 records of the ultra diesel marker in the fuel price calculations during the specified period. This measure aims to stabilize diesel pricing amidst the ongoing volatility in global fuel markets.

As the government implements these pricing adjustments, it reflects an effort to balance domestic fuel prices with international trends, potentially affecting the cost of living and transportation across the country. These changes may also have wider implications for Ecuador's economic stability and public acceptance, as fuel prices play a crucial role in the daily lives of citizens and the overall economy.