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.
Price per gallon of regular gasoline: Costa Rica $3.50, Nicaragua $3.36, Honduras $3.24, El Salvador $2.82, Guatemala $2.82 and Panama $2.63.
From the Ministry of Economy of El Salvador report:
The increase in fuel prices for this fortnight is because of production factors, according to the latest report provided by the IEA, gasoline reserves showed a weekly reduction of 1.5 million barrels, also distillates such as diesel decreased by 1.4 million barrels per week; these inventory reductions affect the tendency of prices to rise, because there are fewer gasoline and diesel reserves to supply the existing demand in the hydrocarbon market, which generates this effect in the international prices of oil derivatives.
Price per gallon of regular gasoline: Costa Rica $3.48, Nicaragua $3.28, Honduras $3.19, El Salvador $2.81, Guatemala $2.75 and Panama $2.56.
From the Ministry of Economy of El Salvador report:
The increase in the reference prices for the current fortnight, according to the last two reports provided by the IEA, is because the reserves of gasoline and diesel show decreases in the last two weeks.
Price per gallon of regular gas: Costa Rica $3.94, Nicaragua $3.38, Honduras $3.36, El Salvador $2.86, Guatemala $2.82 and Panama $2.64.
From the report of the Ministry of Economy of El Salvador:
The current reference prices keep a clear downward trend, because of the oversupply provided by the three largest producers of oil and its derivatives, which represent 40% of world production.
Price per gallon of standard gasoline: Costa Rica $4.21, Nicaragua $4.07, Honduras $3.87, El Salvador $3.56, Guatemala $3.52 and Panama $3.21.
From the report of the Ministry of Economy of El Salvador:
According to data from the IEA, the United States is in full season of hurricanes and the passing of Hurricane Michael through the Gulf of Mexico, on the production of crude oil and derivatives, generated losses in the two days of closure of the storm that represented about 9% of U.S. production of 11.1 million barrels per day. Making the reference prices for gasoline and distillates will present mixed fluctuations.
Price of a gallon of regular gasoline: Costa Rica $4.31, Nicaragua $3.90, Honduras $3.81, El Salvador $3.51, Guatemala $3.40 and Panama $3.23.
From a report by the Ministry of Economy of El Salvador:
According to the latest report provided by the International Energy Agency (AIE) gasoline stocks went down by approximately 1.7 million barrels per week, but it was not so for distillates and diesel which had a slight increase in their reserves, of approximately 0.8 million barrels per week.
Price of a gallon of regular gasoline: Costa Rica $4.3, Nicaragua $4, Honduras $3.8, El Salvador $3.51, Guatemala $3.47 and Panama, $3.25.
From a report by the Ministry of Economy of El Salvador:
The meteorological report for the Gulf of Mexico, offered at the beginning of the week of September 3, caused increases in the prices of petroleum products, including distillates such as diesel, due to the imminent passage of tropical storm "Gordon". This climatic event threatened to become a hurricane, which put on alert all oil rig areas, approximately 54 platforms (Alabama, Mississippi and Louisiana) which were evacuated before the arrival of the storm, in addition floods of up to 1.5 meters were expected to occur due to the rising tide, in some refining areas.
Price of a gallon of regular gasoline: Costa Rica $4.33, Nicaragua $3.96, Honduras $3.76, El Salvador $3.53, Guatemala $3.44 and Panama $3.22.
From a report by the Ministry of Economy of El Salvador:
For the second consecutive week there are mixed trends in the reference prices of liquid fuels in El Salvador, due to the international behavior of prices of oil and its derivatives, which according to the latest report from the Energy Information Administration Agency (EIA), show that the United States has seen a reduction in weekly gasoline reserves of 2.3 million barrels, since the North American country is in the summer period and it is the travel season when the highest amount of fuel consumption occurs; However, production (refining) has remained stable, since it has only decreased by 37,000 barrels of an estimated production of 1.5 million barrels per day, which has helped stabilize market prices.
Price of a gallon of regular gasoline: Costa Rica $4.33, Nicaragua $3.98, Honduras $3.76, El Salvador $3.49, Guatemala $3.40 and Panama $3.28.
From a report by the Ministry of Economy of El Salvador:
The latest reports provided by the International Energy Agency (IEA) reflect a clear increase in the refining of petroleum derivatives, including gasoline, heating distillates and diesel, for gasoline there was an increase in reserves of an approximate 6.76 million barrels, while in distillates and diesel there was an increase of approximately2.81 million barrels, according to weekly data provided by the agency. In addition, an increase in refining operations was reported from 95.7% to 97.5% of capacity by North American companies at the end of June.
Price of a gallon of regular gasoline: Costa Rica $4.33, Nicaragua $3.98, Honduras $3.83, El Salvador $3.56, Guatemala $3.47 and Panama $3.28.
From a report by the Ministry of Economy of El Salvador:
The International Energy Agency (IEA) has reported new increases in reserves of gasoline, diesel and distillates in recent weeks, which has led to declines in the price of international oil derivatives.
Price of a gallon of regular gasoline: Costa Rica $4.22, Nicaragua $3.99, Honduras $3.83, El Salvador $3.62, Guatemala $3.60 and Panama $3.33.
From a report by the Ministry of Economy of El Salvador:
-Geopolitical events that took place in the month of May between the United States and Iran, led to an increase in the prices of petroleum products, which has been felt in the global market, due to the economic sanctions that focus on reducing the supply of exports to the international hydrocarbons market.
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.
Price of gallon of regular gasoline: Costa Rica $4.09, Nicaragua $3.98, Honduras $3.69, Guatemala $3.49, El Salvador $3.50 and Panama $3.20.
From a statement issued by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphs"] Added to the geopolitical tension generated by the US' decision to withdraw from the nuclear pact with Iran, is the increase in demand from Asian countries, especially China, which is the country that consumes the most crude oil and derivatives.Its latest report indicates that it has reached record levels with 9 million barrels per day, representing 10% of world consumption and more than a third of the entire Asian continent, leaving less product in the market. This, combined with the tight production restrictions of the OPEC and non-OPEC countries led by Russia and possible sanctions against Iran, is pushing international prices upwards, causing the country to experience increases for the present fortnight.
Price of the gallon of regular gasoline: Costa Rica $4.10, Nicaragua $3.86, Honduras $3.66, El Guatemala $3.43, Salvador $3.42 and Panama $3.05.
From a report by the Ministry of Economy of El Salvador:
The current geopolitical events in the Middle East, in particular an attack on Syria led by the coalition of the United States, France and the United Kingdom, has caused great uncertainty among investors and prices in theHydrocarbons market, due to the fact that this could lead to a substantial decrease in production, in addition to the one that the Organization of Petroleum Exporting Countries (OPEC) has had in place since the end of 2016, affecting world supply and causing prices to maintain their upward trend.[GRAFICA caption = "Click to interact with graph"]
Price of gallon of regular gasoline: Costa Rica $4.02, Nicaragua $3.71, Honduras $3.63, Guatemala $3.22, El Salvador $3.20 and Panama $2.95.
From a report by the Ministry of Economy of El Salvador:
The current reference prices are experiencing their second reduction at the national level due to the tension generated by North American and geopolitical productive factors created by uncertainty inworld tariffmatters. [GRAFICA caption = "Click to interact with graph"]
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