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.

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. 

In the hydrocarbons market there is fear that the United States will reimpose sanctions on Iran, a measure which could result in a decrease of 250 thousand to 500 thousand barrels of oil per day in its exports, against shipments of almost two to 2.2 million bpd at the beginning of 2016, when the sanctions were lifted. The issue of steel and aluminum tariffs, remain latent in the price of raw materials in countries such as Russia, China, Japan, Turkey and Taiwan, establishing a possible global trade war. Due to these global factors, the reference prices for the present fortnight show increases. 

*Data taken from Acodeco.gob.pa