Fuel, Fuel consumption and diesel
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Lubricants, Oils and Gasoline: Business Outlook
Friday, March 27, 2020
In Central America, it is projected that the impact of the Covid-19 crisis on the business of retail sales of gasoline and oil products will be explained mainly by the expected drop in gasoline and diesel sales.
The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, during the coming months.
Gasoline Consumption Up 3% in 2019
Tuesday, February 4, 2020
In Panama, 1.128 million gallons of fuel were sold during 2019, and the demand for gasoline grew by 3% in relation to what was reported in 2018.
The General Comptroller of the Republic reported that during 2019 gasoline consumption in the country, which includes 91 and 95 octane gasoline, reached 339 million gallons, 3% more than the 330 million gallons registered in 2018.
Panama: Gasoline Consumption Falls 5%
Wednesday, December 4, 2019
From January to October 2019, 949 million gallons of fuel were sold, and the demand for 91-octane gasoline decreased 5% over the same period in 2018.
The figures of the General Comptroller of the Republic report that during the first ten months of 2019 the consumption of gasoline in the country, which includes the 91 and 95 octane, amounted to 281 million gallons, 3% more than in the same period last year.
Central America: Fuel Prices up to November 4
Monday, November 4, 2019
Price per gallon of regular gasoline: Costa Rica $3.86, Nicaragua $3.53, Honduras $3.41, El Salvador $3.06, Guatemala $3.05 and Panama $2.83.
From the Ministry of Economy of El Salvador:
The current reference prices are low for gasoline and diesel nationally, this responds to the latest weekly report of oil reserves provided by the IEA, which reported a 5.07-million-barrel increase, well above the forecast of experts who predicted a superficial growth of just 500 thousand barrels per week. This generates continuity of raw material for petroleum products, even though gasoline reserves decreased 3.04 million barrels and diesel 1.03 million barrels per week.
Panama: Diesel Consumption Up 3%
Thursday, October 3, 2019
From January to August 2019, 769 million gallons of fuel were sold, and diesel demand increased 3% over the same period in 2018.
The figures of the General Comptroller of the Republic report that during the first eight months of 2019 the consumption of gasoline in the country, which includes the 91 and 95 octanes, reached 225 million gallons, 2% more than in the same period last year.
Central America: Fuel Prices up to September 23
Monday, September 23, 2019
Price per gallon of regular gasoline: Costa Rica $3.97, Nicaragua $3.55, Honduras $3.40, El Salvador $3.09, Guatemala $3.09 and Panama $2.83.
From the Ministry of Economy of El Salvador statement:
The current reference prices show increases in the prices of gasoline and diesel, this is because of the recent armed attack on the country of Saudi Arabia, which is the world's second largest producer of oil and derivatives.
Panama: Fuel Consumption Increases to 3%
Thursday, September 5, 2019
From January to July 2019, 673 million gallons of fuel were sold, 3% more than the 653 million gallons reported during the same period in 2018.
The figures of the General Comptroller of the Republic report that during the first seven months of 2019 the consumption of gasoline in the country, which includes the 91 and 95 octane, totaled 195 million gallons, 2% more than in the same period of the previous year.
Tender for Fuel for Puerto Santo Tomas
Tuesday, September 3, 2019
In Guatemala, tenders are held for the supply of diesel fuel and gasoline for machinery, equipment, vehicles and vessels, owned by the Empresa Portuaria Nacional Santo Tomas de Castilla.
Guatemala Government Purchase 10922113:
"Detail of the required product:
-1. 500.000 Gallons of Diesel Fuel (Technical Specifications and Characteristics: Cetane Index -D-976- 45 Min.
Central America: Fuel Prices up to August 27
Monday, August 26, 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.