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Panama Fuel Prices Surge, Benchmarked by Colón and Panama City

1 report, 1 independent Updated 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Maximum pump prices for diesel in Panama rose to US$1.537 a litre, or about US$5.82 a gallon. The maximum price for 95-octane gasoline fell to US$1.324 a litre, or about US$5.01 a gallon. These new maximum prices were set by the National Energy Secretariat and apply from October 30 to November 13, using Colón and Panama City as reference points.

From riotimesonline.com

Why it matters

Some supportBrind's analysis of the reports

The diesel price increase represents a 101% rise from early January. The National Energy Secretariat set these prices while noting that the reference figures follow finished-fuel quotes on the US Gulf Coast and addressing fuel subsidy caps for chosen transport sectors.

From riotimesonline.com

Who's involved

  • PanamaSovereign state where the fuel price changes are taking place.
  • Panama CityCapital city of Panama used as a key reference point for fuel prices.
  • ColónCity within Panama used as a key reference point for fuel prices.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • PanamaSpeculative

    The country could face regulatory action by the National Energy Secretariat driving national fuel cost increases.

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The entities involved

Coverage

Newest first; wire copies grouped