Central America: Fuel Prices up to July 17

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.

Monday, July 17, 2017

Fuel Prices in Central America Al November 20th, 2017  

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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"]

These factors of production and consumption are allowing supply and demand to generate a slight increase in fuel prices in the country.

The changes in international prices of refined products (gasoline and diesel) in recent weeks have influenced prices in Central America, allowing El Salvador to share first place with Guatemala in terms of the lowest prices in regular gasoline, taking first place with the lowest prices in the special gasoline, first place for diesel and second place with the lowest prices in low sulfur diesel in Central America.

Price in dolaresDieselRegularSpecial
El Salvador2.302.942.78
Guatemala2.182.982.78
Honduras2.783.543.22
Nicaragua2.823.493.43
Costa Rica2.913.853.68
Panama2.182.592.66
*Data taken from Acodeco.gob.pa

More on this topic

Central America: Fuel Prices up to October 9th

October 2017

Price of gallon of regular gasoline: Costa Rica $3.97, Nicaragua $3.58, Honduras $3.45, Guatemala $3.02, El Salvador $3.01 and Panama $2.83.

From a report by the Ministry of Economy of El Salvador:
[GRAFICA caption = "Click to interact with graphics"]

Central America: Fuel Prices up to August 28

August 2017

Price of gallon of regular gasoline: $3.64, Nicaragua $3.50, Honduras $3.34, Guatemala $2.93, El Salvador $2.95, and Panama $2.75.

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

The reference prices for the present fortnight have risen, due to factors related to oil and to Hurricane Harvey that hit the United States, starting in the Gulf of Mexico and developing into a category 4 hurricane with maximum winds of 215 km / and strong floods of more than one meter high. [GRAFICA caption = "Click to interact with graphics"]

Central America: Fuel Prices as of August 14

August 2017

Price of gallon of regular gasoline: Costa Rica $3.63, Nicaragua $3.57, Honduras $3.32, Guatemala $3.03, El Salvador $2.93 and Panama $2.75.

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

Current global geopolitical events are directly affecting international oil prices, which is why the hydrocarbons market still anticipates unexpected ups and downs. [GRAFICA caption = "Click to interact with graphics"]

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"]

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