Monday, 05 February 2024 23:15

Fuel prices rise

Written by Karla Gutiérrez

The Dirección General de Energía, Hidrocarburos y Minas (DGEHM) shared the new reference prices for fuels, which will be in effect from february 6 to 19. Prices will increase between US$0.09 and US$0.12.

This variation in fuel prices for this fortnight is due to international factors such as the drop in oil reserves reported by the International Energy Agency (IEA) during the month of january, which reached 14.66 million barrels, compared to 13.09 million barrels in december 2023.

In addition, the Organization of Petroleum Exporting Countries (OPEC) reduced its oil production in january, which generated a cut of approximately 410,000 barrels per day.

For this reason, during this fortnight, in the central zone, a gallon of premium gasoline will cost US$4.11, with an increase of US$0.09; regular gasoline will cost US$3.86, with an increase of US$0.08; and diesel will increase US$0.12 and its price will be US$3.93.

In the western zone, premium gasoline will cost US$4.12, with an increase of US$0.10; regular gasoline will cost US$3.87, with an increase of US$0.08; and diesel will increase US$0.12 and its price will be US$3.94.

Finally, in the east, special gasoline will cost US$4.16, with an increase of US$0.10; regular gasoline will cost US$3.91, with an increase of US$0.09; and diesel will increase US$0.12 and its price will be US$3.98.

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Translated by: A.M