(MENAFN- Newsroom Panama) For the third consecutive period, the price of fuel at gas pumps across country will increase on Frida June 5 in Panama and Colon, according to the National Energy Secretariat. 95 octane will climb 3 cents a liter and 91 octane gasoline will increase by 2 cents a liter, while low-sulfur diesel will increase by 3 cents.
Oil prices fell during April, and recovered slightly in May but still remains below $40 a barrel.
The recovery in the price of crude oil is related to the cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) of almost 10 million barrels a day/
Brent closed on Wednesday, June 3 at $39.62 .
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