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in Costa Rica

Central America: Fuel Prices For The Week Of March 17-23

by Q COSTARICA Saturday 30 March 2019, 1:56 pm 1.2k Views

The increase in reference prices for this fortnight is because gasoline inventories have experienced their largest decline since February until the last weekly report provided on Wednesday March 20 by the International Energy Agency (IEA).

During the last five consecutive weeks, gasoline reserves have decreased by an accumulated 16.8 million barrels, a decline not seen since the period from June to August 2017, when it was reduced by 14.7 million in seven consecutive weeks. Likewise, the inventories of distillates from which diesel is derived show a 4.1-million-barrel decrease, according to the latest weekly report provided by the IEA.
These variations between the reserves of gasoline and distillates are because of the change of schedule to summer in the U.S. country, denoting a greater consumption of gasoline, therefore