Central America: Fuel Prices up to February 25

Price per gallon of regular gasoline: Costa Rica $4.10, Nicaragua $3.51, Honduras $3.39, El Salvador $2.95, Guatemala $2.92 and Panama $2.81.

Monday, February 24, 2020

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

The current reference prices for gasoline and diesel show a mixed trend (ups and downs), these variations are due to the continuous fall in the reserves of these products, according to reports provided by the IEA in February 2020. The reserves for gasoline have reduced 2.16 million barrels, likewise for diesel, its reserves have decreased 4.16 million barrels, along with a lack of oil production, which in its last week barely paid to its reserves 414 thousand barrels, causing international prices to fluctuate.

In addition, the internal conflict in Libya in the Middle East has collapsed its production by an estimated 85%, since from producing 1.3 million barrels per day, it has reduced to 190 thousand barrels per day, a little more than 1 million that are not being injected into the world supply, because of the blockade of oil fields and terminals. Also adding to world events, an attack on a dock (an artificially protected part of the currents, so that ships can anchor or load and unload comfortably) in Tripoli, the capital of the Arab country, caused great damage and forced the evacuation of oil tankers that were docked there. The above event has generated uncertainty in the international markets and prices of hydrocarbons.

Prices in USD
Regular
Special
Diesel
Guatemala
2,92
3,05
2,40
El Salvador
2,95
3,18
2,69
Nicaragua
3,51
3,66
3,17
Honduras
3,39
3,75
3,06
Costa Rica
4,10
4,25
3,69
Panama*
2,81
2,93
2,59
*Prices taken from Acodeco.gob.pa

Do you need information from the energy sector? Contact Us.








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Central America: Fuel Prices up to February 11

February 2020

Price per gallon of regular gasoline: Costa Rica $4.08, Nicaragua $3.52, Honduras $3.51, El Salvador $2.96, Guatemala $2.96 and Panama $2.81.

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

The current reference prices for gasoline and diesel show a marked decline at the national level, which reflects the emergency experienced by China because of the coronavirus.

Central America: Fuel Prices up to February 25

February 2019

Price per gallon of regular gasoline: Costa Rica $3.50, Nicaragua $3.36, Honduras $3.24, El Salvador $2.82, Guatemala $2.82 and Panama $2.63.

From the Ministry of Economy of El Salvador report:

The increase in fuel prices for this fortnight is because of production factors, according to the latest report provided by the IEA, gasoline reserves showed a weekly reduction of 1.5 million barrels, also distillates such as diesel decreased by 1.4 million barrels per week; these inventory reductions affect the tendency of prices to rise, because there are fewer gasoline and diesel reserves to supply the existing demand in the hydrocarbon market, which generates this effect in the international prices of oil derivatives.

Central America: Fuel Prices up to February 11

February 2019

Price per gallon of regular gasoline: Costa Rica $3.48, Nicaragua $3.28, Honduras $3.19, El Salvador $2.81, Guatemala $2.75 and Panama $2.56.

From the Ministry of Economy of El Salvador report:

The increase in the reference prices for the current fortnight, according to the last two reports provided by the IEA, is because the reserves of gasoline and diesel show decreases in the last two weeks.

Central America: Fuel Prices up to January 2nd

January 2019

Price per gallon of regular gasoline: Costa Rica $3.94, Nicaragua $3.35, Honduras $3.27, El Salvador $2.78, Guatemala $2.78 and Panama $2.64.

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

The latest report from 2018, provided by the International Energy Agency (AIE) reports that gasoline reserves experienced a significant increase of slightly more than 3.0 million barrels per week against expert forecasts that predicted a minimum increase of just 50,000 barrels per week. Also, distillates such as diesel, kept their production rate and was almost invariable its trend with respect to the previous week, as it only increased 2,000 barrels in the week, against an expectation of a 500 thousand barrels reduction, which despite the favorable environment for the reduction of such a derivative of oil along with heating, its stability allows prices to be downward, along with those of gasoline.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Apr 9)
Brent Crude Oil
34.18
Coffee "C"
119.75
Gold
1,740
Silver
16.053