Gas price – Summaries of news and views OnVenezuela https://onvenezuela.com Thu, 17 Mar 2022 11:52:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://onvenezuela.com/wp-content/uploads/2020/01/cropped-Screen-Shot-2019-12-20-at-12.31.03-PM-1-32x32.png Gas price – Summaries of news and views OnVenezuela https://onvenezuela.com 32 32 Venezuelan: more gas stations charge in dollars https://onvenezuela.com/venezuelan-more-gas-stations-charge-in-dollars/?utm_source=rss&utm_medium=rss&utm_campaign=venezuelan-more-gas-stations-charge-in-dollars Thu, 17 Mar 2022 11:51:53 +0000 https://onvenezuela.com/?p=13880

Venezuelan drivers are feeling the squeeze of nagging gasoline shortages as state oil company PDVSA gradually boosts the number of its gas stations that charge them in dollars, five sources in the South American country said. By Mayela Armas. Full Text -> Financial Post

Traducción de cortesía -> Los conductores venezolanos están sintiendo la presión de la persistente escasez de gasolina a medida que la petrolera estatal PDVSA aumenta gradualmente el número de sus estaciones de servicio que les cobran en dólares, dijeron cinco fuentes en el país sudamericano.

Traducción al español -> Google Translación

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Venezuela Raises Gas Prices by 20-fold to 10 Cents a Gallon https://onvenezuela.com/venezuela-raises-gas-prices-by-20-fold-to-10-cents-a-gallon/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-raises-gas-prices-by-20-fold-to-10-cents-a-gallon Wed, 10 Nov 2021 11:50:25 +0000 https://onvenezuela.com/?p=12163

Venezuela’s government will impose a 20-fold increase in subsidized gasoline prices starting Sunday, according to a statement from state oil company PDVSA.The rise in subsidized fuel prices “is a necessity” due to the “re-denomination” of the local currency, PDVSA said. The hike comes weeks after Venezuela launched a new currency, the digital bolivar, which slashed six zeros off the former currency on Oct. 1.. By Fabiola Zerpa and Scott Squires. Full Text -> Bloomberg News

Traducción de cortesía -> El gobierno de Venezuela impondrá un aumento de 20 veces en los precios de la gasolina subsidiada a partir del domingo, según un comunicado de la petrolera estatal PDVSA. Dijo PDVSA. El alza se produce semanas después de que Venezuela lanzara una nueva moneda, el bolívar digital, que redujo seis ceros a la moneda anterior el 1 de octubre.

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Venezuela to increase subsidized gasoline price https://onvenezuela.com/venezuela-to-increase-subsidized-gasoline-price/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-to-increase-subsidized-gasoline-price Mon, 25 Oct 2021 05:12:00 +0000 https://onvenezuela.com/?p=11749

Venezuela hiked the price of its subsidized gasoline for vehicles and motor bikes, Venezuelan state oil firm PDVSA said in a statement on Saturday, an increase the government attributed to the recent cutting of six zeros from local currency.By Deisy Buitrago. Full Text-> Reuters

Traducción de cortesía -> Venezuela subió el precio de su gasolina subsidiada para vehículos y motocicletas, dijo la petrolera estatal venezolana PDVSA en un comunicado el sábado, un aumento que el gobierno atribuyó al reciente recorte de seis ceros de la moneda local.

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Venezuela Raises Fuel Prices and Enables Private Gas Stations https://onvenezuela.com/venezuela-raises-fuel-prices-and-enables-private-gas-stations/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-raises-fuel-prices-and-enables-private-gas-stations Thu, 04 Jun 2020 14:05:55 +0000 https://onvenezuela.com/?p=3661

A new fuel price system has come into force in Venezuela. Fuel prices, traditionally the cheapest in the world, are being raised. As an innovation, private petrol station operators are now allowed to import petrol and sell it in foreign currency. By Juan Martinez. Full Text -> TheRioTimes

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Confusion Reigns in Venezuela on First Day of Higher Gas Prices https://onvenezuela.com/confusion-reigns-in-venezuela-on-first-day-of-higher-gas-prices/?utm_source=rss&utm_medium=rss&utm_campaign=confusion-reigns-in-venezuela-on-first-day-of-higher-gas-prices Tue, 02 Jun 2020 14:42:52 +0000 https://onvenezuela.com/?p=3612

The good news is that there’s visibly more gasoline being pumped from fuel stations in the capital Caracas than in the previous weeks and months. The bad news is that lines are still miles-long and if you’re lucky enough to get to the front, many stations are facing problems accepting bank card transactions or scanning special cards meant for subsidies. By Fabiola Zerpa and Nicolle Yapur. Full Text -> Bloomberg

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Venezuela oil minister says non-subsidized gasoline price to be 50 U.S. cents https://onvenezuela.com/venezuela-oil-minister-says-non-subsidized-gasoline-price-to-be-50-u-s-cents/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-oil-minister-says-non-subsidized-gasoline-price-to-be-50-u-s-cents Tue, 02 Jun 2020 14:37:49 +0000 https://onvenezuela.com/?p=3609

The South American nation this week launched a new fuel distribution system, ending decades of essentially unlimited heavy subsidies amid an acute fuel shortage. By Deisy Buitrago and Luc Cohen. Full Text-> Reuters

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