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 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"]
Price of a gallon of regular gasoline: Panama $2.34, El Salvador $2.48, Guatemala $2.44, Nicaragua and Honduras, $3.17 and Costa Rica, $3.77.
From a statement issued by the Ministry of Economy of El Salvador:
New variations with a downward trend which occurred in this week, are due to the significant drop in prices of derivatives and oil, which are caused by the results of the latest OPEC meeting, where member countries reached an agreement on a maximum ceiling for oil production and maintaining the overabundance of supply, coupled with the fact that Iran will join the market next year, once the West has removed the sanctions that it imposed sanctions over its nuclear program. These factors lead to oversupply causing a decline in reference prices.
Gallon of regular gasoline: Panamá $3.22, Guatemala $3,26, El Salvador $3,34, Honduras $3,87, Nicaragua $4 y Costa Rica $4,50.
From a statement issued by the Ministry of Economy of El Salvador:
Oil prices closed with mixed with minimal variations. These variations reflect the fact that international markets have kept oil prices and their derivatives with minor impacts.
Gallon of regular gasoline: Panama $2,81, El Salvador $2,98, Guatemala $3,01, Honduras $3,60, Nicaragua $3,63 and Costa Rica $4,04.
During April, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $51.11 per barrel, an increase of + 7.94% compared to the previous month. In recent weeks the international prices of petroleum products recorded the following variations: -2,09% in special gasoline, -1,46% for regular gasoline and -3,53% in diesel.
Gallon of regular gasoline: Panama $2.82, Guatemala $2.89, El Salvador $3, Nicaragua $3.60, Honduras $3.61 and Costa Rica $3.83.
From a statement issued by the Ministry of Economy of El Salvador (MINEC):
During March, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $48.67 per barrel, which is a decrease of -1.93% compared to the previous month.
Gallon of regular gasoline: Panama $2,85, El Salvador $2,87, Guatemala $3,01, Honduras $3,57, Nicaragua $3,73 and Costa Rica $3,82.
From a statement issued by the Ministry of Economy of El Salvador (MINEC):
In recent weeks the international prices of petroleum products recorded the following variations: + 5.4% in special gasoline, + 5.1% for regular gasoline and + 0.6% in diesel.
Gallon of regular gasoline: Panama $2.56, El Salvador $2.71, Guatemala $2.86, Honduras $3.40, Nicaragua and Costa Rica $3.52.
From a statement issued by the Ministry of Economy of El Salvador (MINEC):
During the month of February, the price of WTI (West Texas Intermediate) in the Gulf Coast of the United States had an average value of $49.63 per barrel, showing a variation of + 10.81% compared to the previous month.