Central America: Fuel Prices up to September 11

Price of gallon of regular gasoline: Costa Rica $3.76, Nicaragua $3.68, Honduras $3.47, Guatemala $3.25, El Salvador $3.07 and Panama $2.79.

Monday, September 11, 2017

Fuel Prices in Central America Al November 20th, 2017  

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

For the present fortnight the reference prices for gasoline and diesel reflect an upward trend due to climatic factors that have hit the hydrocarbon market in the United States: Clic para interactuar con la gráficaClic para interactuar con la gráfica   

Hurricane Harvey has closed a quarter of US refineries and 8% of the country's oil production in South Texas, one of the major oil industry hubs in the United States. These hubs resumed operations after 6 days of inoperability after the hurricane approached the coast. The report provided by the Energy Information Administration (EIA) indicates a drop of 3.2 million barrels of gasoline reserves, while distillates (including fuel for heating and diesel) have fallen by 1.4 thousand barrels. 


Price in dollarsRegular SpecialDiesel
El Salvador3,073,342,54
Guatemala3,253,432,50
Honduras3,473,823,06
Nicaragua3,683,762,98
Costa Rica3,763,933,21
Panama*2,792,862,39
*Data taken from Acodeco.gob.pa

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 October 23

October 2017

Price of gallon of regular gasoline: Costa Rica $3.99, Nicaragua $3.50, Honduras $3.40, Guatemala $3.01, El Salvador $2.95 and Panama $2.83.

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

The downward trend continues for reference prices for gasoline and diesel in El Salvador, a behavior that is due to the extraction of non-conventional oil and its derivatives, which has stabilized the fall in inventories suffered by the North American country after the climatic events which occured at the end of September by Hurricanes Harvey and Irma. [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"]

Fuel Prices up to February 29th 2016

February 2016

Price of a gallon of regular gasoline: Panamá $2,09, Guatemala $2,15, El Salvador $2,20, Nicaragua $2,88, Honduras $2,89, and Costa Rica, $3,75.

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

Variations in international prices of refined products (gasoline and diesel) over the last few weeks have influenced prices in Central America, placing El Salvador in second place in terms of lowest prices in petrol and diesel.

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Tuthill Transfer Systems

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (52) 55-5370-0602

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