Moderators Moderator_02 Posted June 5, 2020 Moderators Share Posted June 5, 2020 Quote Gasoline prices get third increase Posted 04/06/2020 For the third consecutive period, the price of fuel at gas pumps across country will increase on Frida June 5 in Panama and Colon, according to the National Energy Secretariat. 95 octane will climb 3 cents a liter and 91 octane gasoline will increase by 2 cents a liter, while low-sulfur diesel will increase by 3 cents. Oil prices fell during April, and recovered slightly in May but still remains below $40 a barrel. The recovery in the price of crude oil is related to the cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) of almost 10 million barrels a day/ Brent closed on Wednesday, June 3 at $39.62 . https://www.newsroompanama.com/business/gasoline-prices-get-third-increase Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted June 16, 2020 Moderators Share Posted June 16, 2020 Quote Fuels: Price Control in Panama A presidential decree gives the National Energy Secretariat the power to regulate maximum retail prices for 91 and 95 octane gasoline and low-sulfur diesel. Friday, June 12, 2020 The regulation of maximum prices will be in effect for a six-month period, which may be extended, according to Executive Decree No. 474 of June 10, 2020 published in the Official Journal. Check out the "System for monitoring markets and economic situation in Central American countries", prepared by CentralAmericaData. Article 1 details that in the regulation will be done in the locations "... listed below: 1. Panama 2. Columbus 3. Arraijan 4. La Chorrera 5. Anton 6. Penonome 7. Aguadulce 8. Currency 9. Shredder 10. The Tables 11. Santiago 12. David 13. Border 14. Boquete 15. Volcano 16. Cerro Punta 17. Armuelles Port 18. Changuinola" The Consumer Protection and Competition Authority will execute and ensure faithful compliance, explains Article 2 of the Decree. See "Executive Decree N°474 of June 10, 2020". https://www.centralamericadata.com/en/article/main/Fuels_Price_Control_in_Panama Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted July 16, 2020 Moderators Share Posted July 16, 2020 Quote Across the board upward nudge for gas Posted 15/07/2020 All motor vehicle fuels will go up one cent a liter on Friday, July 17 in time for the weekend total quarantine. 95 octane gasoline will sell .65 cents per liter, and 91 octane gasoline l at 63 cents. Low sulfur diesel will be.53 cents a liter. The prices will in force until July 31. https://www.newsroompanama.com/business/across-the-board-upward-nudge-for-gas Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted August 13, 2020 Moderators Share Posted August 13, 2020 Quote Gas price drops on Friday Posted 12/08/2020 The price of all vehicle fuels will drop one cent on Friday, August 14 and will remain in place for two weeks https://www.newsroompanama.com/business/gas-price-drops-on-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted August 27, 2020 Moderators Share Posted August 27, 2020 Quote Gas prices climb on Friday Posted 26/08/2020 Fuel prices will rise on Friday, August 28 with 95 octane increasing by three cents, to.66 cents a while the 91 rises by by two cents, to .64 cents per liter. Low-sulfur diesel is unchanged at 54 cents a liter. https://www.newsroompanama.com/business/gas-prices-climb-on-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted September 24, 2020 Moderators Share Posted September 24, 2020 Quote Gas prices down on Friday Posted 23/09/2020 The price of all automobile fuels will fall two cents a liter at the pumps on Friday, September 25. The 95 octane gasoline will sell at 64 cents a liter and 91 octane at 62 cents a liter. Low-sulfur diesel will cost 50 cents. The prices will be valid until October 9. https://www.newsroompanama.com/business/gas-prices-down-on-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted October 22, 2020 Moderators Share Posted October 22, 2020 Quote New fuel prices Posted 21/10/2020 The price of a liter of 95 octane gasoline will fall by one cent to 0.64 cents while 91 octane will remain at.63 cents per liter from Friday October 2. Low sulfur diesel will increase by one cent to 52 cents a liter.The prices will be in force until November 6 https://www.newsroompanama.com/business/new-fuel-prices Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted December 17, 2020 Moderators Share Posted December 17, 2020 Quote Fuel prices up across the board Posted 16/12/2020 The Ministry of Energy reported that there will be new fuel prices from Friday, December 18. The 95 octane gasoline increases by two cents, to67 cents a liter; the 91 octane adds two cents to .65 cents a liter. Low sulfur diesel will increase two cents to 58 cents a liter. The prices will apply until 5:59 a.m. on January 1 https://www.newsroompanama.com/business/fuel-prices-up-across-the-board Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted February 25, 2021 Moderators Share Posted February 25, 2021 Quote Fuel prices jump on Friday Posted 24/02/2021 A new rise will be reflected from this Friday, February 26, in the country's fuel prices.says the Ministry of Energy. The 95 octane gasoline will raise its price 5 cents to80 cents per liter.Meanwhile, 91 octane gasoline will increase by 5 cents to 79 cents per liter.Low-sulfur diesel will also increase by 4 cents, to 69 cents a liter.These prices will apply until 5:59 a.m. on March 12. https://www.newsroompanama.com/business/fuel-prices-jump-on-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted March 24, 2021 Moderators Share Posted March 24, 2021 Quote Fuels: Prices in the Region as of March 2021 In the first days of March of this year, the highest prices were reported in the Dominican Republic, while the lowest were registered in the Panamanian capital. Monday, March 22, 2021 The regional report on average prices to the final consumer of gasoline, diesel and Liquefied Petroleum Gas (LPG) in Central America, effective for the week of February 27 to March 7, 2021, was made based on official prices and monitoring or surveys carried out by the different General Directorates of Hydrocarbons or equivalent, in the capital of each Central American country. The document states that "... the highest prices with taxes in the capitals of the country correspond to the Dominican Republic in all products. Meanwhile, the lowest prices with taxes in the capital correspond to Panama." The report adds that "... the highest prices without taxes correspond to Nicaragua. Meanwhile, the lowest price without taxes for premium gasoline corresponds to Costa Rica while the lowest prices without taxes for regular gasoline and diesel correspond to El Salvador." Country Superior Regular Diesel Costa Rica $3,96 $3,89 $3,29 El Salvador $3,20 $3,02 $2,74 Guatemala $3,35 $3,25 $2,71 Honduras $3,85 $3,58 $3,11 Nicaragua $3,92 $3,84 $3,31 Panama $3,02 $2,96 $2,61 Dominican Republic $4,17 $3,94 $3,40 The values are the average prices of a gallon of fuel sold in the respective capitals of the countries in the region. https://www.centralamericadata.com/en/article/main/Fuels_Prices_in_the_Region_as_of_March_2021 Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted March 26, 2021 Moderators Share Posted March 26, 2021 Quote Gas price rise for sixth time Posted 25/03/2021 Gasoline prices will increase on Friday, March 26 for the sixth time so far this year. 91 octane will rise two cents to 84 cents a liter and 95 octane will add one cent to 85 cents a liter. Low sulfur diesel remains at 71 cents a liter. These prices will apply until April 9. https://www.newsroompanama.com/business/gas-price-rise-for-sixth-time Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted May 7, 2021 Moderators Share Posted May 7, 2021 Quote Panama: Fuel Consumption Rising In the first quarter of 2021 fuel sales in the country have shown an upward trend, as in January 59.6 million gallons were demanded, in February the figure rose to 65.3 million gallons and in March it climbed to 75.7 million gallons. Wednesday, May 5, 2021 The accumulated figures show that during the first quarter of the year, 201 million gallons of fuel were sold in the Panamanian market, a figure that is 20% lower than that reported in the same period of 2020.You may be interested in "Oil Derivatives: Retail Outlook"The General Comptroller of the Republic reported that during the first three months of 2021, gasoline consumption in the country, which includes 91 and 95 octane gasoline, amounted to 66 million gallons, 12% less than the 76 million gallons recorded in the same period of 2020.The demand for low-sulfur diesel also registered a decrease for the periods in question, falling from 86 million to 81 million gallons. In the case of Bunker C, consumption decreased 30%, going from 6.8 million to 4.8 million gallons.Liquefied petroleum gas, which includes butane and propane sales, decreased by 14%, going from 25 million gallons to 21 million gallons. View full report. https://www.centralamericadata.com/en/article/main/Panama_Fuel_Consumption_Rising Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted June 17, 2021 Moderators Share Posted June 17, 2021 Quote Gas prices up across the board Posted 16/06/2021 The Ministry of Energy reports that 95 octane gasoline will raise its price by two cents to 0.90 cents per liter. 91 octane gasoline will increase two cents to 0.87 cents per liter. Low-sulfur diesel will rise two cents to 0.77 cents a liter. These new prices will be in force until July 2. https://www.newsroompanama.com/business/gas-prices-up-across-the-board Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_02 Posted July 21, 2021 Moderators Share Posted July 21, 2021 Quote Panama gasoline prices up 25.6% in first semester Posted 20/07/2021 The price of gasoline in Panama, during the first semester of 2021, registered an increase of 25.6% behind only Argentina with the highest percentage of increase (49.2%), in the region according to an analysis of the firm picodi.com marketing agency. Currently and until July 30, a liter of 95 octane gasoline at the Panama and Colón stations sells for 93 cents and a gallon for $3.55. In July 2020, when consumption had fallen due to the pandemic, the 95 octane liter cost 64 cents and a gallon$2.43, that is, in one year the increase has been $1.11 per gallon. Panama does not have a refinery and buys finished fuels on the international market, according to fluctuations in the price of oil; and it must index the costs of insurance, transportation, and tax for the State. Gasoline prices also rose in Nicaragua (23.1%), the Dominican Republic (20.6%), Puerto Rico (20.2%), Guatemala (16%), Costa Rica (9.1%) and Paraguay (7.5 https://www.newsroompanama.com/business/panama-gasoline-prices-up-256-in-first-semester Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted September 9, 2021 Moderators Share Posted September 9, 2021 Quote Gas prices on the rise Posted 08/09/2021 Gasoline prices rise again on Friday, September 10 until 5:59 am on September 24. The Ministry of Energy reported that 95 octane gasoline will go up by two cents to 92 cents per liter. Meanwhile, 91 octane gasoline will increase its cost by three cents to 90 cents a liter and low-sulfur diesel will also raise its price by three cents, to 77 cents a liter. https://www.newsroompanama.com/business/gas-prices-on-the-rise Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted October 22, 2021 Moderators Share Posted October 22, 2021 Quote Across the board surge in fuel prices Posted 21/10/2021 From Friday, October 22 until November 5, fuel prices will register a new increase. The Ministry of Energy reported that 95 octane gasoline will increase its cost by five cents to 0.98 cents per liter. 91 octane gasoline will rise five cents to 0.95 cents per liter. Meanwhile, low-sulfur diesel will increase its value by five cents to 0.87 cents a liter. These prices will apply until 5:59 a.m. on November 5. https://www.newsroompanama.com/news/across-the-board-surge-in-fuel-prices Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted November 4, 2021 Moderators Share Posted November 4, 2021 Quote 95 octane at a dollar a liter from Friday Posted 04/11/2021 Starting Friday, November 5, a liter of 95 octane gasoline will cost $1.00 an increase of two cents established by the National Energy Secretariat . Gasoline of 91 octane will an increase of two cents to 0.97 cents per liter, while the low sulfur diesel will cost 0.87 , a penny more than the current price. https://www.newsroompanama.com/news/95-octane-at-a-dollar-a-liter-from-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted November 18, 2021 Moderators Share Posted November 18, 2021 Quote Gasoline prices fall Posted 17/11/2021 After several consecutive increases, fuel prices will drop on Friday, November 19. The liter of 95 and 91 octane gasoline will decrease three cents, while low-sulfur diesel will have a reduction of two cents. The new prices will be in force until Friday, December 3. https://www.newsroompanama.com/business/gasoline-prices-fall Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted December 2, 2021 Moderators Share Posted December 2, 2021 Quote Fuel prices fall again on Friday Posted 02/12/2021 The new prices in the cost of fuel in Panama that will take effect on Friday, December 3, According to the National Energy Secretariat, 95 octane gasoline shows a drop of four cents to 93 cents per liter for the cities of Panama and Colón and 91 octane gasoline of will drop three cents to 90 cents a liter. Low sulfur will drop four cents, to 81 cents a liter. https://www.newsroompanama.com/news/fuel-prices-fall-again-on-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted December 16, 2021 Moderators Share Posted December 16, 2021 Quote Fuel prices down for Christmas Posted 15/12/2021 On Friday, December 17 The price of 95 octane gasoline will fall by four cents to 89 cents per liter. 91 octane gasoline will drop three cents to 87 per liter. Meanwhile, low-sulfur diesel will lower its price by two cents to 87 cents per liter. The prices will be effective until December 31. https://www.newsroompanama.com/news/fuel-prices-down-for-christmas Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted December 30, 2021 Moderators Share Posted December 30, 2021 Quote Fuel prices increase for New Year Posted 29/12/2021 The Ministry of Energy reported new fuel prices from Friday, December 31. 95 octane gasoline will raise its price two cents to 91 cents per liter. 91 octane gasoline will increase two cents to 89 cents per liter. Low sulfur diesel will raise its price two cents 81 cents a liter https://www.newsroompanama.com/news/fuel-prices-increase-for-new-year Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted January 13, 2022 Moderators Share Posted January 13, 2022 Quote Gasoline prices jump Friday Posted 12/01/2022 The 95 octane gasoline will climb four cents. to 95 cents per liter. While 91 octane gasoline will increase by four cents 93 cents per liter. Low sulfur diesel will raise its price a nickel to 86 cents a liter. These prices will be in force until 5:59 am on January 28, 2022. https://www.newsroompanama.com/news/gasoline-prices-jump-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted January 27, 2022 Moderators Share Posted January 27, 2022 Quote Fuel prices rise again Friday Posted 26/01/2022 Fuel prices continue to climb and on Friday, January 28 the price of 95 octane gasoline will rise four cents to 99 cents per liter, and 91 octane gasoline will increase four cents to 96 cents per liter. Low-sulfur diesel will raise its price five cents to 91 cents per liter. https://www.newsroompanama.com/news/fuel-prices-rise-again-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted February 10, 2022 Moderators Share Posted February 10, 2022 Quote Gasoline tops $1 a liter from Friday Posted 09/02/2022 95-octane gasoline will raise its price five cents to $1.03 per liter starting Friday, February 11. The 91 octane gasoline will increase four cents, to $1.01 cents per liter. Low sulfur diesel will increase its price four cents, remaining at 0.95 cents per liter. https://www.newsroompanama.com/news/gasoline-tops-1-a-liter-from-friday Quote Link to comment Share on other sites More sharing options...
Moderators Moderator_03 Posted February 24, 2022 Moderators Share Posted February 24, 2022 Quote Gasoline prices continue upward Posted 23/02/2022 The price of 95 octane gasoline will rise two cents to $1.05 per liter on Friday, February 26. 91 octane gasoline will increase two cents to $1.03 cents per liter. Low sulfur diesel will increase its price by two cents, 97 cents per liter. The prices will be valid until Friday, March 11. https://www.newsroompanama.com/news/gasoline-prices-continue-upward-1 Quote Link to comment Share on other sites More sharing options...
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