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During President Noboa's visit to the UAE, Petroecuador and Abu Dhabi National Oil Company signed a memorandum of understanding for direct crude oil trade and refined product imports — cutting out intermediary traders.
Ecuador’s monthly fuel price band adjusted at midnight. Extra and Ecopaís gasoline rose to $2.76/gallon, Súper Premium dropped to $3.19, and diesel barely moved at $2.70. The new prices hold through March 11.
Ecuadorians bought 11,342 vehicles in January 2026, the best January on record. Electric and hybrid vehicles now account for 22% of all sales. Azuay was the third-biggest market in the country.
