Gas prices down for 9th time

FILLING UP the gas tank will cost less this weekend as gasoline prices fall in Panama for the ninth time this year.

A liter of 95 octane gasoline will fall 3 cents (12 cents a gallon) and 91 octane will drop 2 cents a liter, (9 cents a gallon)

Diesel prices will drop 2 cents a liter says The National Energy Secretariat

The new prices start Friday October 30 and will remain in effect for two weeks.

The reductions are largely driven by a drop in the price of oil, which is below $50 a barrel. Prices increased by almost 7 percent on Thursday after hitting yearly lows.