“`html
Chilean Fuel Prices Drop in January,Despite Kerosene Increase
chilean drivers will see lower prices at the pump starting January 22nd,2026,with significant reductions in gasoline and diesel costs. However, kerosene prices are set to rise.
Effective Thursday,January 22nd,2026,93 and 97 octane gasoline will decrease by 24.3 Chilean pesos per liter. Diesel fuel will see a reduction of 18.1 Chilean pesos per liter. The price of Liquefied Petroleum Gas (LPG) for vehicular use will remain unchanged over the next three weeks, while kerosene will increase by 9.3 Chilean pesos per liter.
Changes in fuel prices effective January 22, 2026:
93 Octane Gasoline: -24.3 CLP/lt
97 Octane Gasoline: -24.3 CLP/lt
Kerosene (Paraffin): +9.3 CLP/lt
Diesel: -18.1 CLP/lt
Vehicular LPG: 0.0 CLP/lt (no change)
Factors Influencing Fuel Prices
The price of fuel in Chile is primarily determined by two key factors: the global price of crude oil and the exchange rate between the Chilean Peso and the US dollar.
Crude oil prices have experienced some volatility recently, influenced by production and consumption expectations, as well as geopolitical events in regions like Venezuela and the Middle East. According to