Price of gallon of regular gasoline: Costa Rica $3.78, Nicaragua $3.61, Honduras $3.44, Guatemala $3.02, El Salvador $2.96 and Panamá $2.83.
From a statement issued by the Ministry of Economy of El Salvador:
Fuel prices in Central America, in the current fortnight, have gone up, having been directly affected by a recent recovery in international prices of oil derivatives, which has once again become a determining factor and one that is difficult to predict (ups and downs); Similarly, the rise in prices is largely dependent on compliance with the agreement on reducing world production taken by the OPEC in the first quarter of 2017 and expectations that revolve around the next meeting of that body, also having an effect is the increase in Chinese crude imports, which have helped reduce supply relative to demand.
Price of gallon of regular gasoline: Panama $2.61, Guatemala $2.88, El Salvador $2.90, Honduras $3.33, Nicaragua $3.43, and Costa Rica, $3.57.
From a statement issued by the Ministry of Economy in El Salvador:
The reference prices for gasoline and diesel have been affected due to a consolidated upward trend in international prices of oil and its derivatives [GRAFICA caption = "Click to interact with graphics"] during the month of December that just ended, the main cause of the increased prices is related to the production cut established at the last meeting of the OPEC.
Price of a gallon of regular gasoline: Panama $2.54, El Salvador $2.61, Guatemala $2.65, Nicaragua $3.23, Honduras $3.29, and Costa Rica, $3.56.
From a statement issued by the Ministry of Economy of El Salvador:
Current variations in the reference prices of liquid fuels have directly benefited from the volatility seen in oil derivatives in the last week, there is anticipation over international prices because of the meeting OPEC held, where it was finally agreed to cut production of crude oil and its derivatives, oil market instability has been influenced on this occasion by the decisions of the leading oil producers, causing uncertainty in predictions of rises and falls in the following periods.
The union of transporters has warned that if the increase in the fuel tax is approved, "the cost of transporting cargo to Guatemala will rise by $12.75."
Price of gallon of regular gasoline: Panama $2.64, El Salvador $2.64, Guatemala $2.75, Honduras $3.22, Nicaragua $3.23, and Costa Rica, $3.73.
From a statement issued by the Ministry of Economy of El Salvador:
After this second consecutive decline, reference prices for liquid fuels in El Salvador are once again moving downwards, due to repeated fluctuations in international oil prices and its derivatives, causing ups and downs in different periods, current price fluctuations are directly due to volatility in international markets in light of to the new political landscape and optimism about the state of the economy of the United States, reflected in a strengthening of the dollar.
Price of gallon of regular gasoline: Panama $2.64, El Salvador $2.81, Guatemala $2.82, Honduras $3.25, Nicaragua $3.39, and Costa Rica, $3.75.
From a statement issued by the Ministry of Economy of El Salvador:
Variations in the international prices of refined products (gasoline and diesel) over the last few weeks have influenced prices in Central America, placing El Salvador in first position in terms of the lowest prices for regular and special gasoline, and in second position in terms of the lowest prices for diesel in Central America.
Price of gallon of regular gasoline: Panama $2.55, Guatemala $2.73, El Salvador $2.70, Honduras $3.23, Nicaragua $3.29, and Costa Rica, $3.67.
From a statement issued by the Ministry of Economy of El Salvador:
The current reference prices of liquid fuels in El Salvador have reached new lows that will benefit the pockets of Salvadorans, coming after two consecutive increases, these price changes are directly due to the instability and volatility (ups and downs) in the international prices of petroleum products which are affected by global and geopolitical events; currently the countries of OPEC and Russia are scheduled to meet informally on Wednesday in Algeria, with the goal of fighting the over-supply of crude oil and its derivatives.Also,Libyan production has increased by about 390,000 barrels per day after the cessation of fighting between armed groups, just as Russia is flooding the market because of its near record highs in production, stated specialists, these facts are leading to an overabundance in supply in the global market for refined oil, thus destabilizing international prices.
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.
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.
Price of gallon of regular gasoline: $2.51, Guatemala $2.79, El Salvador $2.74, Honduras $3.15, Nicaragua $3.32, and Costa Rica, $3.82.
From a statement issued by the Ministry of Economy of El Salvador:
The rise in prices of oil products has been affected by a weakening of the dollar as a currency, as well as fires in Canada, instability in the region producing oil and its derivatives in Nigeria; and a series of suspensions of operations at refineries over fears of a possible hurricane heading towards the Gulf of Mexico, and added to this are supply disruptions in different parts of the world which have elevated international prices causing instability, confirming the volatility in the oil market, leading to abrupt price changes which are becoming impossible to predict, directly hitting the reference prices of liquid fuels in El Salvador.
Price of gallon of regular gasoline: Panama $2.45, Guatemala $2.54, El Salvador $2.64, Honduras $3.14, Nicaragua $3.23, and Costa Rica, $3.83.
From a statement issued by the Ministry of Economy of El Salvador:
In recent weeks, international oil prices have been volatile as per usual; however, a downward trend will benefit the pockets of Salvadorans as the current reference prices for liquid fuels have reductions of up - $0.05, this is due to excess inventories (over abundance of stored reserves of crude oil and especially its derivatives) and speculation about the balance between supply and demand, and a view towards the next"informal" meeting to be held by the OPEC in September.
Price of gallon of regular gasoline: Panama $2.61, Guatemala $2.58, El Salvador $2.65, Honduras $3.20, Nicaragua $3.28, and Costa Rica, $3.93.
From a statement issued by the Ministry of Economy of El Salvador:
Variations in international prices of refined products (gasoline and diesel) over the last few weeks have influenced prices in Central America, allowing El Salvador to be located in second position in terms of the lowest prices of gasoline and diesel Central America.
Price of gallon of regular gasoline:
Panamá $2.63, Guatemala $2.71, El Salvador $2.81, Honduras $3.22, Nicaragua $3.46, and Costa Rica, $3.36.
From a statement issued by the Ministry of Economy of El Salvador:
Variations in international prices of refined products (gasoline and diesel) over the last few weeks have influenced prices in Central America, placing El Salvador in second place in terms of lowest prices in petrol and diesel.
Price of gallon of regular gasoline: Panamá $2.69, Guatemala $2.81, El Salvador $2.84, Honduras $3.30, Costa Rica, $3.44 y Nicaragua $3.48.
From a statement issued by the Ministry of Economy of El Salvador:
The Ministry of Economy announced on June 20, that the reference prices for fuel, effective from 21 June to 4 July 2016, will experience an increase in their prices.
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