Central America: Fuel Prices up to May 20

Price per gallon of regular gasoline: Costa Rica $4.26, Nicaragua $3.89, Honduras $3.72, El Salvador $3.42, Guatemala $3.38 and Panama $3.29.

Monday, May 20, 2019

From the Ministry of Economy of El Salvador statement:

The current reference prices reflect a downward trend, because during the first weeks of May, reserves of gasoline and distillates show minimal reductions, this has allowed prices to be more stable compared to the previous month, since the first half of May gasoline reported a 790,000-barrel decrease, while in April for the first half reported a 10.6-million-barrel reduction. Regarding diesel distillates, during the first fortnight of May a 1.4-million-barrel decrease was reported, while for the first fortnight of April it was 2.5 million barrels, a less marked difference, which affects the price of low-sulfur diesel for the next fortnight.

The pressure generated by the trade war between China and the United States, the world's largest consumers of oil and oil products, responsible for 34% of global oil consumption in the first quarter of 2019, according to data from the IEA, is because the U.S. announced that from May will raise tariffs from 10% to 25% to Chinese products worth 200 billion dollars, a measure already implemented at the end of 2018 and was paralyzed by a truce for both countries to conduct trade negotiations. This generated that the international market of oil and derivatives showed caution and fluctuations in prices, marking a downward trend especially in gasoline.

Dollar prices
Regular
Special
Diesel
Guatemala
3,38
3,53
2,86
El Salvador
3,42
3,63
3,18
Nicaragua
3,89
3,98
3,45
Honduras
3,72
4,08
3,40
Costa Rica
4,26
4,40
3,61
Panama
3,21
3,29
2,87
*Prices taken from Acodeco.gob.pa

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.








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

Fuel Prices up to August 13, 2019

August 2019

Price per gallon of regular gasoline: Costa Rica $4.38, Nicaragua $3.78, Honduras $3.53, El Salvador $3.21, Guatemala $3.24 and Panama $3.03.

From the Ministry of Economy of El Salvador statement:

The reference prices for gasoline and diesel present important declines for the current fortnight, although the United States for several weeks had reflected losses in its reserves, in the last weekly report provided by the IEA, it is reported that increased its oil products and derivatives. Oil increased by 2.4 million barrels after 7 weeks of losses. Likewise, gasoline increased 4.4 million barrels, after two weeks of losses, together with distillates, such as diesel, showed a 1.5-million-barrel increase. The changes in reserves allowed international prices of oil derivatives to show a downward trend.

Central America: Fuel Prices up to April 9

April 2019

Price per gallon of regular gasoline: Nicaragua $3.81, Costa Rica $3.76, Honduras $3.53, El Salvador $3.36, Guatemala $3.22 and Panama $3.07.

From the Ministry of Economy of El Salvador statement:

The increases in gasoline prices for the current fortnight are largely because of the prolonged fall in gasoline reserves, which add up to 7 consecutive weeks, according to reports provided by the IEA, detailing a reduction of 21.4 million barrels. This decline is equivalent to the one suffered between February and April 2017, which in 10 consecutive weeks reduced 22.9 million barrels, which reflects the marked difference in the increase in prices of regular and higher gasoline.

Central America: Fuel Prices up to March 25

March 2019

Price per gallon of regular gasoline: Nicaragua $3.72, Costa Rica $3.57, Honduras $3.44, El Salvador $3.22, Guatemala $3.15 and Panama $2.79.

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

The increase in reference prices for this fortnight is because gasoline inventories have experienced their largest decline since February until the last weekly report provided on Wednesday March 20 by the IEA.

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.

 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

(Aug 4)
Brent Crude Oil
44.120
Coffee "C"
120.5
Gold
1,977
Silver
24.505