{"id":12422,"date":"2026-04-03T09:05:00","date_gmt":"2026-04-03T14:05:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=12422"},"modified":"2026-04-01T21:43:39","modified_gmt":"2026-04-02T02:43:39","slug":"panama-announces-fuel-price-increases-effective-april-3-again","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/business-economy\/panama-announces-fuel-price-increases-effective-april-3-again\/","title":{"rendered":"Panama Announces Fuel Price Increases Effective April 3 &#8211; Again!"},"content":{"rendered":"<p>Panama&#8217;s National Secretariat of Energy confirmed new, higher prices for gasoline and diesel this Wednesday. The increases will take effect nationwide this Friday, April 3, at 6:00 a.m., marking another adjustment in a volatile global energy market.<\/p>\n<p>The price for 95-octane gasoline will rise by 11 cents per liter, while 91-octane gasoline increases by 10 cents. Diesel fuel sees the largest jump, climbing 15 cents per liter. These new regulated prices will remain in force until April 17, 2026.<\/p>\n<h2>Specific New Fuel Prices for Consumers<\/h2>\n<p>Following the adjustment, 95-octane gasoline will sell for $1.26 per liter. The 91-octane variant will cost $1.17 per liter. Diesel fuel is set at $1.36 per liter. For consumers purchasing by the gallon, the costs translate to $4.77 for 95-octane, $4.43 for 91-octane, and $5.15 for diesel.<\/p>\n<p>The <a href=\"https:\/\/www.energia.gob.pa\" target=\"_blank\" rel=\"noopener noreferrer\">Secretariat of Energy (Panama)<\/a> releases these bi-weekly price adjustments based on a formula tied to international oil prices. This mechanism is designed to reflect global market trends while attempting to manage domestic economic impact.<\/p>\n<blockquote>\n<p>&#8220;The government is implementing a subsidy for the transportation sector, establishing a price cap,&#8221; an official statement from the Secretariat read. [Translated from Spanish]<\/p>\n<\/blockquote>\n<p>This separate measure, announced Tuesday, aims to shield public transport from the full brunt of the increases. It establishes a cap of 90 cents per liter for diesel and 88 cents per liter for 91-octane gasoline, fuels predominantly used by passenger buses and school transport vehicles. The higher 95 <a href=\"https:\/\/en.wikipedia.org\/wiki\/Octane_rating\" target=\"_blank\" rel=\"noopener noreferrer\">octane rating<\/a> gasoline is not included in this subsidy program.<\/p>\n<h2>Subsidy Details and Fiscal Impact<\/h2>\n<p>The government estimates the new transportation <a href=\"https:\/\/www.imf.org\/en\/Topics\/fiscal-policy\/fuel-subsidies\" target=\"_blank\" rel=\"noopener noreferrer\">fuel subsidy<\/a> will require an additional state expenditure of approximately $15 million per month. Officials calculated this figure based on current fuel prices. They have assured the public that financing for this effort will not come from the budget allocated for public investment projects.<\/p>\n<p>A specific start date for the price cap mechanism has not been finalized. The Energy Secretariat stated that its official implementation will be confirmed at a later time, creating a short period of uncertainty for transport operators.<\/p>\n<p>These simultaneous announcements highlight the balancing act facing policymakers. They must reconcile international price pressures with the need to maintain affordable domestic transportation. The bi-weekly price adjustments continue as planned for the general public, while a targeted intervention seeks to protect a vital sector of the economy.<\/p>\n<p>Panamanian drivers will see the changes at pumps across the country starting Friday morning. The next scheduled price review will occur in two weeks, potentially leading to another adjustment for the period beginning April 17.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Panama&#8217;s National Secretariat of Energy confirmed new, higher prices for gasoline and diesel this Wednesday. The increases will take effect nationwide this Friday, April 3, at 6:00 a.m., marking another adjustment in a volatile global energy market. The price for 95-octane gasoline will rise by 11 cents per liter, while 91-octane gasoline increases by 10<\/p>\n","protected":false},"author":1,"featured_media":12421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[30,35],"tags":[1429,148,794,149,123],"class_list":{"0":"post-12422","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-economy","8":"category-travel-tourism","9":"tag-economy","10":"tag-fuel-prices","11":"tag-panama-announces-fuel-price","12":"tag-panama-fuel-prices","13":"tag-panama-news"},"_links":{"self":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/12422","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=12422"}],"version-history":[{"count":1,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/12422\/revisions"}],"predecessor-version":[{"id":12423,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/posts\/12422\/revisions\/12423"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media\/12421"}],"wp:attachment":[{"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/media?parent=12422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/categories?post=12422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expat-times.com\/panama\/wp-json\/wp\/v2\/tags?post=12422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}