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Tuesday, 20 February 2024 01:06

Increase in fuel prices

Written by Denis Muñoz
Increase in fuel prices Courtesy

The Dirección General de Energía, Hidrocarburos y Minas (DGEHM) shared the new reference fuel prices, which will be in effect from february 20 to march 4. Prices will increase between US$0.11 and US$0.15.

This increase, according to the DGEHM, is due to external factors that influence the increase in fuel prices, such as the drop in oil reserves reported by the International Energy Agency (IEA) during january, as well as the cold fronts in the United States that reduced oil extraction last month.

In the central zone, a gallon of premium gasoline will cost US$4.22, with an increase of US$0.11; regular gasoline will cost US$4.00, with an increase of US$0.14; and diesel will increase US$0.15 and its price will be US$4.08.

In the western zone, premium gasoline will cost US$4.23, with an increase of US$0.11; regular gasoline will cost US$4.01, with an increase of US$0.14; and diesel will increase US$0.15 and its price will be US$4.09.

Finally, in the east, special gasoline will cost US$4.27, with an increase of US$0.11; regular gasoline will cost US$4.04, with an increase of US$0.13; and diesel will increase US$0.14 and its price will be US$4.12.

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Translated by: A.M

Published in Economy
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