According to the institution, the price of a gallon of premium gasoline will be US$4.66 in the central zone; US$4.67 in the western zone, and US$4.70 in the eastern zone.

Meanwhile, the cost of a gallon of regular gasoline will drop to US$4.32 in the central zone; US$4.33 in the western zone and US$4.36 in the eastern zone of the country.

Diesel will decrease between $0.05 and $0.06, so the reference price for this fortnight will be $3.92 in the center of the country; $3.93 in the west and $3.96 in eastern El Salvador.

This drop in fuel prices is because the geopolitical conflicts that Israel is facing have not become more pleasant, which has kept the international market of oil and its derivatives under expectations.

Another reason is that Russia is returning to its normal refining levels in gasoline and diesel, after the drone attacks by Ukraine, incorporating to the market approximately 1 million barrels of refined hydrocarbons per day.

And, the scarce growth of 1.6% of the Gross Domestic Product (GDP) of the United States, in the first quarter of 2024 showing a growth lower than the expected 2.2%. This contraction has generated a decrease in international hydrocarbon prices at the end of april.

Translated by: A.M