Central America: Fuel Prices up to September 9

Price per gallon of regular gasoline: Costa Rica $3.98, Nicaragua $3.62, Honduras $3.39, El Salvador $3.06, Guatemala $3.04 and Panama $2.88.

Monday, September 9, 2019

From the Ministry of Economy of El Salvador:

The current reference prices present their third consecutive decline in gasoline prices and without any variation for low-sulfur diesel, this is because of the trade conflict between the United States and China, the largest consumers of oil and derivatives worldwide. On September 1, both nations-imposed tariffs on different products, the U.S. country for a value of US$300 billion, while China imposed tariffs of US$75 billion on different products, which highlights the 5% tax on oil and its derivatives. Because of these measures, international prices tended to fall, for fear of a fall in world demand.

Likewise, the report provided by the IEA for the first week of September reported reductions in gasoline reserves of 2.4 million barrels and diesel of 2.5 million barrels. This meant that the price of diesel remained stable in the hydrocarbon market; however, the economic conflict generated a greater impact for gasoline.

Prices in USD
Regular
Special
Diesel
Guatemala
3,04
3,19
2,60
El Salvador
3,06
3,27
2,92
Nicaragua
3,62
3,70
3,26
Honduras
3,39
3,75
3,17
Costa Rica
3,98
4,13
3,44
Panama*
2,88
2,95
2,63
*Prices taken from Acodeco.gob.pa

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Central America: Fuel Prices up to August 27

August 2019

Price per gallon of regular gasoline: Costa Rica $4.44, Nicaragua $3.61, Honduras $3.44, El Salvador $3.12, Guatemala $3.09 and Panama $2.93.

From the Ministry of Economy of El Salvador statement:

The reference prices for gasoline and diesel add their second consecutive decline for the current fortnight, the reductions are because of increases in production and refining by U.S.

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 June 3

June 2019

Price per gallon of regular gasoline: Costa Rica $4.27, Nicaragua $3.87, Honduras $3.66, El Salvador $3.34, Guatemala $3.28 and Panama $3.14.

From the Ministry of Economy of El Salvador statement:

The current downward trend in all petroleum products is because during the last half of May the IEA reported that gasoline reserves experienced a 4.8-million-barrel growth, providing stability to the demand for this product.

Central America: Fuel Prices up to May 20

May 2019

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.

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.

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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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