Bunker Prices Up 36% in a Year

The price of bunker in Guatemala has increased 36% over the last 12 months.

Wednesday, March 16, 2011

In March 2010, the cost per gallon was $ 1.79, reaching $ 2.45 in March 2011.

"Roberto Barrera, independent expert on energy issues, said that bunker maintained an upward trend similar to the barrel of oil," reported Prensalibre.com.

20% of electrical generation in the country is produced by burning bunker.

More on this topic

Central America: Fuel Prices up to November 20

November 2017

Price of gallon of regular gasoline: Costa Rica $3.85, Nicaragua $3.70, Honduras $3.45, Guatemala $3.14, El Salvador $3.07 and Panama $2.92.

From a report by the Ministry of Economy of El Salvador:

According to experts "The oil market tends to react with nervousness and upward pressure on prices in the face of episodes of political instability in the Middle Eastern producing regions", in Saudi Arabia [concerns] grew during the week when the highest authorities accused Iran, also a member of the Organization, of being behind a missile shot over the airport of the Saudi capital that was eventually intercepted. [GRAFICA caption="Click to interact with graphics"] 

Central America: Fuel Prices up to July 17

July 2017

Price of a gallon of regular gasoline: Costa Rica $3.85, Honduras $3.54, Nicaragua $3.49, Guatemala $2.98, El Salvador $2.94 and Panama $2.59.

From a statement issued by the Ministry of Economy of El Salvador:

The current reference prices for gasoline and diesel show a slight upward trend due to fluctuations that repeatedly affect or benefit the international market for oil products; As well as a reduction in the production that the United States reported in its weekly report provided by the United States Energy Information Administration (EIA), that oil reserves had fallen by approximately 7.5 million barrels, doubling what was anticipated by experts in the hydrocarbons market, in addition to an acceleration in the growth of demand in China. [GRAPHIC caption = "Click to interact with the graph"]

Central America: Fuel Prices up to June 5

June 2017

Price of gallon of regular gasoline: Costa Rica $3.90, Nicaragua $3.69, Honduras $3.64, Guatemala $3.13, El Salvador $3.13 and Panama $2.74.

From a statement issued by the Ministry of Economy of El Salvador:

The reference prices for liquid fuels in El Salvador are being affected by an upward trend due to recent events that revolve around the latest OPEC meeting, where the 14 member countries along with 10 other countries producing oil and derivatives outside of the organization justified and maintained the decision to extend the extraction reduction until March 2018, together with a notice provided by the Energy Information Administration (EIA) on the reduction in inventories held by the United States by approximately more than 8 million barrels surpassing the expectations of analysts and international experts, also gasoline stocks fell by approximately 2.9 million barrels which has caused prices of gasolines to be the most affected by this upward trend. [GRAFICA caption="Clic para interactuar con la gráfica"]

Fuel prices continue to rise in Nicaragua

April 2008

Fuel prices continue their upward trend in Nicaragua, reflecting the rising prices of petroleum in international markets.

On Sunday the price of a liter of diesel fuel increased from 21.95 córdobas (1.15 dollars) to 22.65 córdobas (1.19 dollars), rising for the second consecutive week.

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