Regular gasoline gallon price: Costa Rica $4.28, Nicaragua $3.99, Honduras $3.83, El Salvador $3.57, Guatemala $3.38, and Panama $3.21.
From the Ministry of Economy of El Salvador report:
As a result of the last meeting held by the Organization of Petroleum Exporting Countries (OPEC) in Algeria last September 23rd together with countries not belonging to the organization led by Russia, it was agreed not to increase the production of crude oil despite the deficit generated by the third largest producer of the organization (Iran), due to the financial sanctions imposed by the United States; This has directly impacted the international prices in a notorious tendency to increase in the last weeks, since there will be less product (crude oil and all its products) to offer before a growing demand, and that the United States by itself cannot cover, unless OPEC increases its production, a subject that will be taken up until the meeting on December 3rd in Vienna, Austria.
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 $4.34, Nicaragua $3.96, Honduras $3.79, El Salvador $3.51, Guatemala $3.42 and Panama $3.25.
From a report by the Ministry of Economy of El Salvador:
According to the latest report from the Energy Information Administration Agency (EIA), gasoline stocks grew close to 1.2 million barrels at the end of the week, while distillates and diesel increased by approximately 1.8 million barrels, the increase recorded, confirms the favorable moment for refineries because the production rate has remained at 98.1%, providing sufficient supply to the market.
Price of a gallon of regular gasoline: Costa Rica $4.34, Nicaragua $3.95, Honduras $3.78, El Salvador $3.52, Guatemala $3.50 and Panama $3.24.
From a report by the Ministry of Economy of El Salvador:
August 13, 2018.The trends that have led to fuel prices experiencing highs and lows are due to fears about trade disputes between the United States and China, which has led to reduceddemand, since the Asian country is the world's largest importer of oil and its derivatives.
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 $3.97, Honduras $3.74, El Salvador $3.51, Guatemala $3.46 and Panama $3.22.
From a report by the Ministry of Economy of El Salvador:
Despite a drop in inventories of crude oil in the United States, of approximately 12 million barrels, reported in the last week by the International Energy Agency (IEA), inventories of oil derivatives such as gasoline and diesel have seen slight fluctuations, ranging between weeks of increase and reduction in reserves; Gasoline stocks were reduced by approximately 2,199 million barrels in the last two weeks, despite the fact that the trend after that date showed an increase of 1,156 million barrels, similarly heating and diesel distillates increased their reserves in the last week by 4,125 million barrels, after two weeks of no change in their reserves, all according to reports by the IEA.
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 a gallon of regular gasoline: Costa Rica $4.05, Nicaragua $3.77, Honduras $3.58, El Salvador $3.26, Guatemala $3.19 and Panama $2.91.
From a report by the Ministry of Economy of El Salvador:
The current reference prices show increases in all products due to the latest report provided by the Energy Information Administration (AIE), the issue of tariffs and international political sanctions by the US government. [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"]