A drop in international fuel prices has prompted the National Oil Refinery (RECOPE) to request a cut in the price of gas and diesel in Costa Rica. The request came only days before a price increase – itself requested on Jan. 11 – went into effect.

According to a release from RECOPE, new prices for super, regular and diesel would be set at ¢559.988 ($1.13), ¢548.241 ($1.11) and ¢508.756 ($1.03) per liter, respectively, after price cuts of ¢13.012 ($0.03), ¢11.759 ($0.02), and ¢15.756 ($0.03).

The price cuts would go into effect once they are approved by the Public Services Regulatory Authority (ARESEP), which usually takes 30 days.

The price cut marks a slight relief from skyrocketing fuel prices, which in the last 12 months have gone up between 20% and 50%.