Displaying items by tag: OPEC
Fuel prices rise
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.
Fuel prices will continue to vary in the coming months
The member countries of the Organization of Petroleum Exporting Countries (OPEC) have reduced their crude oil production in recent months and are expected to maintain this cut until october, according to information published by Bloomberg, a company dedicated to economic information.
Oil prices fell below US$80 a barrel, value not seen since january
According to Bloomberg Linea magazine, explains that oil is headed for another week of losses as the world's central banks raise their interest rates to quell inflation. If this is indeed the case, it would be the longest weekly losing streak of the year.
Fuel prices to rise sharply next fortnight
Fuel expert, Julio Villagrán, informs salvadorans that for next monday, february 8, fuel prices will present a possible increase of US$0.15 per gallon in premium gasoline, regular and diesel.