More

    Sixth Consecutive Increase of Gasoline In Costa Rica: Recope Calls For An Increase Up to ¢ 34 In Fuels For June

    Petition is based on behavior of international prices and a new rise in the dollar

    Must Read

    “Jaco Impact” Continues With Its Commitment to Provide Tools for Consolidating a Better Society

    With the motto “creating alliances”, the motivating flame that moves Jaco Impact continues more alive than ever, presenting effective...

    Get to Know About Famous Literary Works of Costa Rica

    Costa Rica is a paradise in Central America, surrounded by the Caribbean and the Pacific. It has recently become...

    Pandemic Reinforces Costa Rica Attractiveness as a Global Destination for Wellness Tourism

    "Costa Rica had a very wide range of wellness services, but we had them conceptualized as such," said Laura...
    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rican Oil Refinery (Recope) requested this May 14th an increase of up to ¢ 34 in the price of fuels, the sixth consecutive request made by the institution in this regard. If approved by the Public Services Regulatory Authority (Aresep), the increase will be reflected in the first days of June.

    The entity delivered the price study and justified in it the modification in the behavior of the international prices of hydrocarbons in the last 15 days, as well as a new rise in the dollar. Since the beginning of the year, the trend of precious in the market has been upward and sustained; what – defends the Refiner – affects at the national level in the cost of gasoline.

    TIP: Get our latest content by joining our newsletter. Don't miss out on news that matter in Costa Rica. Click here.

    The current pricing methodology of the Regulatory Authority establishes that the variation must be calculated on the second Friday of each month by assessing the changes in international costs as well as in foreign currency.

    Multiple factors

    The first of the elements responds to the global supply and demand of oil and its derivatives, whose variations in recent days are due to operational and capacity problems in refineries, supply insecurity, new technologies for the extraction of raw materials, atmospheric catastrophes, as well as political and military tensions in the main oil-producing areas.

    Thus, the international price rose by 6.0% from April to May in the case of super gasoline, 5.9% in gasoline plus 91 and 10.9% in diesel 50. However, the study adds that the colón went from ¢ 613.54 per dollar last month, to ¢ 616.83 in the current one, for a depreciation of ¢ 3.3 which represents a variation of 0.5%.

    Relocate to beach work remote
    Resonance has been created to bring together a community of digital nomads, entrepreneurs, innovators, wisdom keepers, alternative thinkers, mentors and light leaders from all over the planet to bridge the gap between demanding work and living a lifestyle that offers the opportunity to live and work in an environment that is nourishing and supportive.

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    - Advertisement -
    - Advertisement -

    Latest News

    “Jaco Impact” Continues With Its Commitment to Provide Tools for Consolidating a Better Society

    With the motto “creating alliances”, the motivating flame that moves Jaco Impact continues more alive than ever, presenting effective...
    - Advertisement -

    More Articles Like This

    - Advertisement -

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    Language »

    Get TCRN In Your Inbox & Never Miss Any News That Matter In Costa Rica!