Venezuela’s government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in ...

Venezuela is preparing to raise gasoline prices by 50% as the government confronts a looming decline in oil revenue following ...

State oil company Petroleos de Venezuela SA (PDVSA) plans to increase the price at the pump from $0.50 to $0.75 per liter. While the new pricing has already been communicated to private fuel ...

For example, conflicts or unrest in countries such as Iraq, Venezuela, or Russia can disrupt the supply of crude oil and lead to an increase in the price of petrol. The price of petrol (or ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

assistant director Rodela Romero earlier said that the hike of pump prices could be attributed to the US and China agreeing to slash reciprocal tariffs on most imported goods during a 90-day pause.

The first fuel levy increase in three years will come into effect in June. Here's how it will affect petrol and diesel prices. The projected decrease in petrol and diesel prices for June has been ...

Here, even a marginal fuel price increase imposes disproportionate burdens on low-income earners. As The Outlier reported in its weekly newsletter issued on Friday, 23 March 2025: “While the 16c ...

MANILA, Philippines — Pump prices ... fuel price movement in separate advisories on Monday, June 2. According to the Department of Energy’s Oil Industry Management Bureau (DOE-OIMB), the ...

The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...