Fuel prices stable in El Salvador

The stability in prices will be maintained through January, despite the changes reported in the international market, the Ministry of Economy reported.

Tuesday, January 6, 2009

According to elsalvador.com, "Francisco Peña, director of Petroleum and Mining at the Minec, said that the country has managed to keep prices low, while they have started to rise in markets in Nicaragua and Honduras."

More on this topic

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 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 February 27

February 2017

Price of gallon of regular gasoline: Costa Rica $3.93, Nicaragua $3.46, Honduras $3.39, Guatemala $2.92, El Salvador $2.86 and Panama $2.70.

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

Reference prices in the current fortnight show mixed trends caused directly by rising average prices of petroleum, a situation that has been going on for months, which is why in the current fortnight, diesel prices have been affected.

Structure of Fuel Prices

May 2012

The Ministry of Economy in El Salvador will submit for review the formula for establishing the reference prices of petrol and diesel.

This second revision aims to make the formula more clear for businesses and the public. Similarly, a propane gas subsidy will also be subjected to further analysis.

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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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