{"id":10006,"date":"2025-12-11T18:00:00","date_gmt":"2025-12-11T23:00:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=10006"},"modified":"2025-12-10T20:36:45","modified_gmt":"2025-12-11T01:36:45","slug":"panama-announces-fuel-price-decrease-effective-december-12","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/business-economy\/panama-announces-fuel-price-decrease-effective-december-12\/","title":{"rendered":"Panama Announces Fuel Price Decrease Effective December 12"},"content":{"rendered":"<p>Gasoline and diesel prices in Panama will fall starting Friday, December 12. The country&#8217;s energy authority confirmed the two-week price adjustment, which offers modest relief at the pump during the holiday season.<\/p>\n<p>The new rates, set by the <a href=\"https:\/\/www.energia.gob.pa\" target=\"_blank\" rel=\"noopener noreferrer\">Panama Secretariat of Energy<\/a>, will remain in effect until 5:59 a.m. on December 25. Officials cited fluctuations in the international oil market as the primary reason for the reduction.<\/p>\n<h2>Specific Price Adjustments for Consumers<\/h2>\n<p>Premium 95-octane gasoline will see a decrease of three cents per liter. Its new price will be 86 cents per liter. The lower 91-octane gasoline, a common choice for many vehicles, drops by four cents to 81 cents per liter. The <a href=\"https:\/\/en.wikipedia.org\/wiki\/Octane_rating\" target=\"_blank\" rel=\"noopener noreferrer\">Octane rating<\/a> indicates a fuel&#8217;s resistance to engine knocking.<\/p>\n<p>Diesel fuel will experience the most significant price cut. The cost of low-sulfur diesel will fall by six cents per liter, also settling at 81 cents. This type of <a href=\"https:\/\/www.epa.gov\/diesel-fuel-standards\/ultra-low-sulfur-diesel\" target=\"_blank\" rel=\"noopener noreferrer\">Ultra-low-sulfur diesel<\/a> is standard for modern transportation and industrial equipment.<\/p>\n<blockquote>\n<p>&#8220;The Ministry of Economy and Finance and the Energy Secretariat continuously monitor international price variations to establish fair local prices,&#8221; an official statement read. [Translated from Spanish]<\/p>\n<\/blockquote>\n<p>The announcement provides a clear cost schedule for drivers and businesses planning travel and logistics. These biweekly price revisions are a standard practice in Panama, directly tying local fuel costs to global market averages.<\/p>\n<p>This price drop arrives just as holiday travel typically increases across the country. Even a slight reduction can lower operational costs for the transportation and goods distribution sectors. The next price update is scheduled for announcement on December 26.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gasoline and diesel prices in Panama will fall starting Friday, December 12. The country&#8217;s energy authority confirmed the two-week price adjustment, which offers modest relief at the pump during the holiday season. The new rates, set by the Panama Secretariat of Energy, will remain in effect until 5:59 a.m. on December 25. Officials cited fluctuations<\/p>\n","protected":false},"author":1,"featured_media":8574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[30],"tags":[1429,148,794,149,123],"class_list":{"0":"post-10006","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-economy","8":"tag-economy","9":"tag-fuel-prices","10":"tag-panama-announces-fuel-price","11":"tag-panama-fuel-prices","12":"tag-panama-news"},"_links":{"self":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/10006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/comments?post=10006"}],"version-history":[{"count":1,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/10006\/revisions"}],"predecessor-version":[{"id":10007,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/10006\/revisions\/10007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media\/8574"}],"wp:attachment":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media?parent=10006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/categories?post=10006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/tags?post=10006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}