TheState Secretariat for Energy (SNE) announced new fuel prices that will come into effect this year Friday, October 20.
The price of a liter of gasoline 95 octane will drop $0.10 to settle at $1.020.
Meanwhile, gasoline 91 octane will also drop $0.10 to sell for $0.935 a litre, while low-sulphur diesel will drop $0.06 to $1.028 a litre.
These prices are valid until the following November 3.
The government granted a subsidy $3.25 for gasoline and diesel of 91 octane until November 14.
Maximum selling prices in Panama They are updated every 14 calendar days depending on the variations experienced by the respective import parity prices and an estimate of the cost of transportation and reasonable marketing margins for each fuel.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
