Price of the gallon of regular gasoline: Costa Rica $4.02, Honduras $3.68, Nicaragua $3.61, El Salvador $3.24, Guatemala $3.21, and Panama $2.97.
From a report by the Ministry of Economy of El Salvador:
The drop in fuel prices is largely due to record US oil production, which for a second consecutive week exceeded 10 million barrels placing it as the second largest producer in the world below Russia; as well as an increase in exports, a reduction of imports and the strengthening of the dollar in the raw material markets at an international level.[GRAFICA caption = "Click to interact with graph"]
Price of gallon of regular gasoline: Costa Rica $3.98, Nicaragua $3.80, Honduras $3.71, Guatemala $3.32, El Salvador $3.32 and Panama $2.99.
From a report by the Ministry of Economy of El Salvador:
The United States reported its second increase in its oil inventories on February 7 of this year, in which its production reached a record of 10.25 million barrels per day (bpd) in the last week, as reported by the U.S. Energy Information Administration (EIA); where an 11 week downward streak was reversed, affected by low temperatures and the holiday season.
Price of gallon of regular gasoline: Costa Rica $3.93, Nicaragua $3.74, Honduras $3.63, Guatemala $3.31, El Salvador $3.29 and Panama $2.99.
From a report by the Ministry of Economy of El Salvador:
The harsh winter that has hit the United States has caused an increase in the production of energy generated frompetroleumderivatives, which is used for heating, as well as the general consumption of derivatives in the North American country, which has contributed to a decrease in reserves in the United States.[GRAFICA caption = "Click to interact with graph"]
Price of a gallon of regular gasoline: Costa Rica $3.92, Nicaragua $3.65, Honduras $3.52, El Salvador $3.20, Guatemala $3.18 and Panama $2.83.
From a report by the Ministry of Economy of El Salvador:
The cold front that hit the east coast and the northern region of the United States, caused an increase in demand for fuel for heating.[GRAFICA caption = "Click to interact with graph"]
Price of gallon of regular gasoline: Costa Rica $4.03, Nicaragua $3.59, Honduras $3.45, Guatemala $3.14, El Salvador $3.11 and Panama $2.91.
From a report by the Ministry of Economy of El Salvador: [GRAFICA caption = "Click to interact with graphics"] The mixed trend in the United States strategic reserves of crude oil and liquid fuels (diesel and gasoline) influenced the new reference prices for the last fortnight of 2017 following the last inventory report by the United States, the Organization of the Exporting Countries of Petroleum (OPEC) is holding firm to its pact to cut production of its member countries along with Russia.
Price of gallon of regular gasoline: Costa Rica $4.03, Nicaragua $3.59, Honduras $3.45, Guatemala $3.18, El Salvador $3.13 and Panama $2.92.
From a report by the Ministry of Economy of El Salvador:
The reference prices for gasoline and diesel will experience new increases as of December 5 due to the mixed behavior of the international prices of petroleum products; supported by the extension of the pact established by the Organization of Petroleum Exporting Countries (OPEC) in reducing production of crude oil and oil derivatives.[GRAFICA caption = "Click to interact with graphics"]
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"]
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"]