Fuel Prices - March 28, 2016

Price of gallon of regular gasoline: Panamá $2.30, El Salvador $2.49, Guatemala $2.52, Costa Rica, $2.96, Honduras $3.02 y Nicaragua $3.04.

Monday, March 28, 2016

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

The Ministry of Economy announced on March 28 that the reference prices for gasoline, effective from 29 March to 11 April 2016, will experience an increase in their prices, going up + $ 0.19, while a gallon of diesel will go up to + $ 0.07.

Variations in international prices of refined products (gasoline and diesel) over the last few weeks have influenced prices in Central America, allowing El Salvador to be located in first place in terms of the lowest prices of gasoline, and second place for the lowest price in diesel.

Average prices of gasoline and diesel in Central America:

Country: Diesel - Regular - Special
El Salvador 2,01- 2.49 to 2.66
Guatemala 1,98- 2.52 to 2.71
Honduras 2,54- 3.02 to 3.27
Nicaragua 2,51- 3.04 to 3.19
Costa Rica 2,41- 2.96 to 3.11
Panama 1.93 to 2.30 - 2.44 (data taken from Latinol.com).



More on this topic

Fuel Prices up to January 16, 2017

January 2017

Price of gallon of regular gasoline: Costa Rica $3.78, Nicaragua $3.61, Honduras $3.44, Guatemala $3.02, El Salvador $2.96 and Panamá $2.83.

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

Fuel prices in Central America, in the current fortnight, have gone up, having been directly affected by a recent recovery in international prices of oil derivatives, which has once again become a determining factor and one that is difficult to predict (ups and downs); Similarly, the rise in prices is largely dependent on compliance with the agreement on reducing world production taken by the OPEC in the first quarter of 2017 and expectations that revolve around the next meeting of that body, also having an effect is the increase in Chinese crude imports, which have helped reduce supply relative to demand. 

Fuel Prices up to August 17, 2015

August 2015

Gallon of regular gasoline: Panamá $2,96, Guatemala $3,02, El Salvador $3,07, Honduras $3,71, Nicaragua $3,93 y Costa Rica $4,47.

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

The nuclear deal which will lift trade sanctions between Iran and the West, an uneven behavior between production and inventories in the United States, revitalized oil production in Libya and the devaluation of the Yuan (China's currency) are the factors which during this week have created a negative climate for international economies, which have directly impacted the international prices of petroleum and petroleum products (diesel and gasoline).

Fuel Prices up to April 28

April 2015

Price of a gallon of regular gasoline: Panamá $2,09, Guatemala $3,02, El Salvador $3,04, Honduras $3,59, Nicaragua $3,74 y Costa Rica $4,04.

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

In recent weeks the international prices of petroleum products recorded the following variations:+4,42% in special gasoline, +3,33% for regular gasoline and +6,50% in diesel.

Fuel: Prices at March 30, 2015

March 2015

Gallon of regular gasoline: Panama $2.82, Guatemala $2.89, El Salvador $3, Nicaragua $3.60, Honduras $3.61 and Costa Rica $3.83.

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

During March, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $48.67 per barrel, which is a decrease of -1.93% compared to the previous month.

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