Oil Prices Remain High and are Expected to Rise

Texas Intermediate oil today opened with a raise, and this morning was trading at $ 103.32 a barrel on the New York Mercantile Exchange.

This upward trend is one that will continue in the coming months, as forecasted by Hernan Varela, an Aldesa risk officer.

For this reason each increase in international oil prices results in more expensive fuels for Costa Ricans.

A week ago, went into effect an increase of 109 colones in gasoline and 70¢ for diesel, and there is already another increase in review for more expensive gasoline plus 29¢ and 22¢ for regular.

In addition, the Costa Rican Oil Refinery (RECOPE) requested a further increase of 9 colones per liter of super gasoline, regular and diesel.

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