The Ecuadorian government has enacted Executive Decree 303, which modifies the formula for determining diesel prices. According to Ivo Rosero, president of the National Chamber of Distributors of Petroleum Derivatives of Ecuador (Camddepe), this decree establishes a purchase floor that potentially provides additional security for suppliers. However, this new provision has raised apprehensions within the distribution sector about its implications on the market dynamics.

Issued by President Daniel Noboa on February 11th, the decree preempted the regular fuel price adjustment that occurs every month on the 12th. Under the new pricing regime, the cost of diesel has been set at $2.70, dropping from $2.712. This increment is part of President Noboa's commitment to lower diesel prices after previously indicating adjustments were forthcoming at the end of 2025.

Despite the nominal drop in price, which is just $0.012, it remains a point of contention for suppliers who may face altered economic conditions due to the established purchase floor. Observers in the sector are particularly concerned about how these changes will affect supply dynamics and overall fuel distribution efficiency in Ecuador throughout the future, particularly with ongoing fluctuations in global oil prices influencing local costs.