Fuel Prices up to September 12, 2016

Price of gallon of regular gasoline: Panama $2.65, Guatemala $2.79, El Salvador $2.77, Honduras $3.23, Nicaragua $3.41, and Costa Rica, $3.67.

Monday, September 12, 2016

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

Variations in current reference prices of liquid fuels are being pushed upwards due to the usual volatility in international prices of oil and its derivatives, which this week have fluctuated due to uncertainty caused by the Organization of Petroleum Exporting Countries (OPEC) and producers outside of the group, having informal talks in Algeria during the International Energy Forum; also a surprise decline in US inventories, in light of a record drop in imports into the US Gulf of Mexico, which led to a fall in inventories to the lowest level since records began in 1990, due to the passage of tropical storm Hermine, which last week threatened activities in the Gulf of Mexico before moving to the eastern United States, an event which resulted in a drop of the country's oil production and a drop in imports, causing further increases in fuel prices in the region.


CountryDieselRegularSpecial
El Salvador2,362,772,90
Guatemala2,282,792,99
Honduras2,723,233,45
Nicaragua2,833,413,49
Costa Rica3,003,673,84
Panama (data from Latinol.com)2,252,652,73



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Price per gallon of regular gasoline: Costa Rica $4.12, Nicaragua $3.82, Honduras $3.44, El Salvador $3.29, Guatemala $3.22 and Panama $3.04.

From the Ministry of Economy of El Salvador statement:

The reference prices for gasoline and diesel show increases in this fortnight, because of the shortage presented by the United States in oil reserves by 10.8 million barrels according to the weekly report of the IEA.

Central America: Fuel Prices up to July 16

July 2019

Price per gallon of regular gasoline: Costa Rica $4.12, Nicaragua $3.82, Honduras $3.44, El Salvador $3.29, Guatemala $3.22 and Panama $3.04.

From the Ministry of Economy of El Salvador:

The current increases in liquid fuels (gasoline and diesel) are influenced by the decrease in the extraction of oil and processing of derivatives.

Central America: Fuel Prices up to May 21

May 2018

Price of a gallon of regular gasoline: Costa Rica $4.22, Nicaragua $3.99, Honduras $3.78, El Salvador $3.58, Guatemala $3.54 and Panama $3.24.

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

The latest report provided by the IEA states that inventories of oil and its derivatives from the United States fell by 1.4 million barrels, which has affected prices in the global market; likewise, gasoline inventories dropped by 3.8 million barrels, while distillate and diesel reserves decreased by 100,000 barrels; It should be noted that during the last two weeks these inventories have decreased a total of 7.7 million barrels, these figures impact the prices of domestic liquid fuels, due to the fact that El Salvador is a net importer of petroleum products.

Central America: Fuel Prices up to November 6

November 2017

Price of gallon of regular gasoline: Costa Rica $3.99, Nicaragua $3.58, Honduras $3.42, Guatemala $3.06, El Salvador $3 and Panama $2.83.

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

The current reference prices are experiencing increases in all petroleum products (gasoline and diesel) due to the positive outlook for global fuel demand, and a decline in reserves, together with the expectations of the next meeting of the OPEC (Organization of Petroleum Exporting Countries) at the end of November in Vienna. [GRAFICA caption = "Click to interact with graphics"]