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Costa Rica Lowers Retail Fuel Prices




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Published on Friday, May 30, 2025
By the A.M. Costa Rica staff






The Public Services Regulatory Authority (ARESEP) has approved a decrease in gasoline and diesel prices, along with an increase in liquefied petroleum gas (LPG), following a request from the Costa Rican Oil Refinery (RECOPE).
 
 
The price adjustments reflect fluctuations in international fuel markets during import negotiations conducted between April 11 and May 8, a period when the Organization of the Petroleum Exporting Countries (OPEC+) increased crude oil production, a move that placed downward pressure on global prices in anticipation of greater short-term supply.










The updated prices will be as follows:



The price of super-branded gasoline (RON 95) will fall from ₡692 to ₡665 colones per liter (p/l), roughly $1.33 p/l.



Regular gasoline (RON 91 or Plus 91), will drop from ₡677 to ₡643 colones p/l, about $1.28 p/l.



Diesel prices will decrease, from ₡545 to ₡530 colones p/l, approximately $1.06 p/l.



Liquefied petroleum gas (LPG), used for cooking, heating, and vehicles, will rise in price. A 25-pound cylinder will now cost ₡7,460 colones, down from ₡7,389 colones, or roughly $14.92 per unit.



The new prices will be effective this week after being published in the official government bulletin La Gaceta.



The Public Services Regulatory Authority (Aresep) is the State-owned agency in charge of setting the price of public services and products.



The Costa Rica Oil Company (Recope) is the State-owned company in charge of importing, distributing and selling fuels in the country.



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Are fuel prices decreasing in your country? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com


 








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