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"]
A savings fund, housing loans, expenses for recreation and bonuses, scholarships for children, and restaurant services for employees of the state and the monopolist hydrocarbons distributor of Costa Rica, are financed through the prices paid by consumers, even by the poorest.
Price of gallon of regular gasoline: Costa Rica $3.99, Nicaragua $3.50, Honduras $3.40, Guatemala $3.01, El Salvador $2.95 and Panama $2.83.
From a report by the Ministry of Economy of El Salvador:
The downward trend continues for reference prices for gasoline and diesel in El Salvador, abehavior that is due to the extraction of non-conventional oil and its derivatives, which has stabilized the fall in inventories suffered by the North American country after the climatic events which occured at the end of September by Hurricanes Harvey and Irma. [GRAFICA caption = "Click to interact with graphics"]
The Autonomous Executive Port Commission is putting out to tender a fuel supply in bulk and through means of coupons for the year 2018.
Government Purchase El Salvador DR-CAFTA-ADACA-UE CEPA-LA-04/2018:
"The purpose of the tender is to contract out the total or partial supply of fuels of the types, regular gasoline, Diesel and Diesel Low in Sulfur, through coupons and in bulk to supply regular gasoline, Diesel at the facilities of the various companies belonging to CEPA and FENADESAL, according to the Technical Specifications by means of one or several Natural or Legal Persons and / or Union of Bidders, National or Foreign, during the year 2018.
Price of gallon of regular gasoline: Costa Rica $3.97, Nicaragua $3.58, Honduras $3.45, Guatemala $3.02, El Salvador $3.01 and Panama $2.83.
From a report by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphics"] Current supply price fluctuations are due to the fact that it was announced that the number of active oil rigs in the United States is to rise for the first time in the last seven weeks to 750. Likewise, there have been increases in inventories of US gasoline. (1.6 million barrels, data from the US Department of Energy) as a result of the reactivation of production in the Texas fields, while distillates and diesel show drops in their inventory (2.6 million barrels, data from the US Department of Energy) causing international prices to rise.
Price of gallon of regular gasoline: Costa Rica $3.77, Nicaragua $3.66, Honduras $3.42, Guatemala $3.15, El Salvador $3.14 and Panama $3.02.
From a report by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphics"] The reference prices for the next fortnight are in relation to an upward trend which began with Hurricane Harley at the end of August, along with Hurricane Irma which hit the Florida area in the first week of September, this had a major impact on US refineries off the Texas coasts and the total shutdown of extraction platforms in the Gulf of Mexico, leading to declines in inventories of oil derivatives (gasoline and diesel), which generates lesser supply compared to the demand generated by the catastrophe in different states of the North American nation, together with the continuous demand maintained by the countries that are pure importers such as El Salvador, in this way raising prices in the hydrocarbons markets.
Price of gallon of regular gasoline: Costa Rica $3.76, Nicaragua $3.68, Honduras $3.47, Guatemala $3.25, El Salvador $3.07 and Panama $2.79.
From a report by the Ministry of Economy in El Salvador:
For the present fortnight the reference prices for gasoline and diesel reflect an upward trend due to climatic factors that have hit the hydrocarbon market in the United States: [GRAFICA caption="Clic para interactuar con la gráfica"]
Puma Energy has announced the purchase of 100% of the capital stock of the Panamanian company Tropifuels, which operates Tropigas fuel service stations throughout the country.
In a statement the company dedicated to the distribution of oil and gas explained that with the acquisition of Tropifuels S.A. it will"...
Price of gallon of regular gasoline: $3.64, Nicaragua $3.50, Honduras $3.34, Guatemala $2.93, El Salvador $2.95, and Panama $2.75.
From a report by the Ministry of Economy of El Salvador:
The reference prices for the present fortnight have risen, due to factors related to oil and to Hurricane Harvey that hit the United States, starting in the Gulf of Mexico and developing into a category 4 hurricane with maximum winds of 215 km / and strong floods of more than one meter high.[GRAFICA caption = "Click to interact with graphics"]
Price of gallon of regular gasoline: Costa Rica $3.63, Nicaragua $3.57, Honduras $3.32, Guatemala $3.03, El Salvador $2.93 and Panama $2.75.
From a statement issued by the Ministry of Economy of El Salvador:
Current global geopolitical events are directly affecting international oil prices, which is why the hydrocarbons market still anticipates unexpected ups and downs.[GRAFICA caption = "Click to interact with graphics"]
Price of a gallon of regular gasoline: Costa Rica $3.68, Nicaragua $3.48, Honduras $3.26, El Salvador $2.87, Guatemala $2.80 and Panama $2.59.
From a statement issued by the Ministry of Economy of El Salvador:
OPEC and non-member countries met in Russia in the city of St. Petersburg to review market conditions and generate new proposals linked to their pact to reduce production, in which they considered extending their cut beyond March 2018, the Saudi Arabia's Minister energy minister, Khalid al-Falih, said his country would limit crude oil exports to about 6.6 million barrels per day, almost one million below a year ago, in order to help accelerate the rebalancing of global supply and demand.[GRAFICA caption = "Click to interact with graphics"]
Price of a gallon of regular gasoline: Costa Rica $3.85, Honduras $3.54, Nicaragua $3.49, Guatemala $2.98, El Salvador $2.94 and Panama $2.59.
From a statement issued by the Ministry of Economy of El Salvador:
The current reference prices for gasoline and diesel show a slight upward trend due to fluctuations that repeatedly affect or benefit the international market for oil products; As well as a reduction in the production that the United States reported in its weekly report provided by the United States Energy Information Administration (EIA), that oil reserves had fallen by approximately 7.5 million barrels, doubling what was anticipated by experts in the hydrocarbons market, in addition to an acceleration in the growth of demand in China. [GRAPHIC caption = "Click to interact with the graph"]
Alba Petróleos de El Salvador, daughter company of PDVSA, is no longer importing from Venezuela the fuel it sells in the country, doing so instead from the United States.
EDITORIAL
Removal of market rules in order to achieve political objectives, always has an inevitable expiration date.This is what is happening with the alleged exportation of the so-called Bolivarian revolution, through Venezuela's contribution of oil and its derivatives to economies with apparently similarly minded governments.While it is true that the current Maduro government still has the loyalty in diplomatic terms of some Latin American and Caribbean governments, which has prevented his condemnation through international organisms, in the economic sphere relations with these allies are cooling off without remedy.
Price of a gallon of regular gasoline: $3.83, Honduras $3.64, Nicaragua $3.44, Guatemala $2.98, El Salvador $2.93, and Panama $2.60.
From a statement issued by the Ministry of Economy of El Salvador:
This is the second consecutive drop in the reference prices for gasoline and diesel, which is due to the trend of a global supply surplus, despite the fact that the United States has reduced its production in recent weeks, its reserves of crude oil and oil products remaining above their historical levels to date; In addition OPEC member Libyadid not subscribe to the continuation of the pact for the reduction on the part of countries belonging to the organization, made last month in Vienna.[GRAFICA caption = "Click to interact with graphics"]
Price of gallon of regular gasoline: Costa Rica $3.91, Nicaragua $3.60, Honduras $3.58, Guatemala $3.08, El Salvador $3.05 and Panama $2.74.
From a statement issued by the Ministry of Economy of El Salvador:
The reference prices for gasoline and diesel in the current fortnight show decreases of up to - $0.09 reacting to geopolitical, monetary, supply-demand and excess global production factors which repeatedly affect the price of oil and its derivatives, at present the effect of instability and volatility in prices is due to: