Central America: Fuel Prices up to January 28

Price per gallon of regular gasoline: Costa Rica $4.07, Nicaragua $3.52, Honduras $3.45, El Salvador $3.04, Guatemala $3.02 and Panama, $2.83

Monday, January 27, 2020

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

The current reference prices for gasoline and diesel, show low prices at national level, due to the outcome of the conflict between the United States and Iran, where the Arab country attacked two military bases located in Iraqi territory. After that, the probability of a war between both nations was dissipated before the response of the North American country, which decided to implement economic sanctions to the oil, steel production, iron and copper of the Iranian country.

Likewise, the IEA reported that during the last two weeks, gasoline reserves presented a substantial increase of 8.42 million barrels. Similarly, diesel reserves reported a growth of 6.99 million barrels in the same period, allowing tranquility in the market to a short-term forecast.

Prices in USD
Regular
Special
Diesel
Guatemala
3,16
3,29
2,82
El Salvador
3,07
3,30
2,96
Nicaragua
3,59
3,74
3,33
Honduras
3,56
3,92
3,33
Costa Rica
4,01
4,14
3,60
Panamá*
2,93
3,07
2,81
*Prices taken from Acodeco.gob.pa

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