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

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

Gasoline prices are a touchy issue in Venezuela, where memories are still vivid from 1989 riots in Caracas that erupted after the proposal of a series of austerity measures including a hike in gas ...

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 ...

CARACAS, Oct 23 (Reuters) - 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 ...

Venezuela’s government rolled back an increase in fuel prices in a matter of weeks after it drew pushback from industry groups. The country’s state-owned oil company Petroleos de Venezuela SA ...

The depth of Venezuela's economic woes was underscored dramatically by the socialist government's decision this week to hike heavily subsidized gas prices by as much as 6,000%, starting Friday.

Separately, it wants to offload Venezuela’s 50-percent stake in ... massacre of protesters rallying against a previous hike in gas prices has gone down in folklore. Independent researchers ...

Venezuela just raised gas prices for the first time in about two decades. Prices will now increase more than 60 times — to 6 bolivars a liter up from 9.7 centavos, a 6,200% increase according to ...

Venezuela's President Nicolas Maduro ramped up gasoline ... inflation and shortages of basic goods such as cooking oil and toilet paper. A similar gasoline price hike in 1989 sparked deadly riots.

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 ...

CARACAS, VENEZUELA — Raising gasoline prices is a risky business in oil-rich Venezuela. Past price hikes have sparked deadly rioting in a nation where gasoline costs as little as 12 cents a ...