Oil price in venezuela per liter

10 Feb 2016 That compares to a U.S. average price per gallon of regular of $1.70. The irony of the low price of gas in Venezuela is that low oil prices have 18 Feb 2016 The country has been hit hard by the global drop in crude oil prices. 0.1 bolivar a litre to 6 bolivars per litre, and regular gasoline will jump Venezuela: The price of octane-95 gasoline is U.S. Dollar per liter. For comparison, the average price of gasoline in the world for this period is U.S. Dollar. The chart below shows the price of gasoline in the country relative to other countries. Use the drop menu to see the prices in gallons. Decade Year-0 Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9; 1970's: 5.39: 10.71: 11.04: 11.39: 12.63: 12.38: 16.90: 1980's: 24.81: 28.95: 23.74: 21 Petrol price after recent revision, a liter of Petrol will cost USD 0 per litre in Venezuela.The new prices which includes international crude oil prices,currency exchange rate and country levies. last price updated on 09th Mar 2020.

Life's a struggle as Venezuela inflation heads for one million per cent. Read more Even a rise in oil prices, which are low globally, would not be much help to the embattled country, experts warn.

17 Jan 2020 Income Spent #48. The average driver uses 432.19 gallons a year, which eats up 1.93% of the typical salary. 25 Jun 2019 Learn how the price of oil has a direct relationship with Venezuela's saw oil prices mostly hover between $100 and $125 per barrel. During 14 Aug 2018 Oil-rich Venezuela has the world's cheapest gasoline. President Nicolás Maduro has announced he's returning gasoline to market prices. 20 Feb 2016 But one thing that could always be counted on in this oil-rich nation was the gasoline. Virtually free, it cost a fraction of a cent per liter.

Prices will now increase more than 60 times — to 6 bolivars a liter up from 9.7 centavos, a 6,200% increase according to Bloomberg's Javier Blas. Using the weakest exchange rate of 202.94 bolivars per dollar, Venezuela's announced increase translates to about $0.11 a gallon, according to Bloomberg . Even

16 Jul 2018 It produced more than 10 percent of the world's crude and had a per capita GDP But by the 1970s, Venezuela was riding a spike in oil prices to what looked like Such success makes the sorry state of Venezuela's oil industry today, not to which it gives away to consumers for a paltry 4 cents a gallon. 29 Dec 2008 10 years, gasoline has cost between three and four cents of a dollar per litre. When the price of Venezuelan oil stood at 116 dollars a barrel in July, It costs PDVSA two cents of a dollar to produce one litre of gas, which it 18 Feb 2016 Venezuela on verge of default, oil prices fall going rise from 0.1 bolivars (less than 2 cents) a liter to 6 bolivars (87 cents) per liter; an increase

13 Sep 2011 Saudi Arabia, the country with one of world's largest known oil reserves price of £0.08 (US$0.13) per liter, four times as that of Venezuela's.

2 Dec 2019 All countries have access to the same petroleum prices of Venezuela has cheapest price just $0.01 per liter followed by Cuba ($0.09). Gasoline Prices in Venezuela remained unchanged at 0 USD/Liter in February from 0 USD/Liter in January of 2020. Gasoline Prices in Venezuela averaged

Petrol Price in Chennai Today (18 March 2020) Rs. 72.28 per litre, also find the cuts and sanctions on Venezuela and Iran has pushed the oil rates higher.

10 Aug 2018 Petrol tankers (one tanker = average of 40,000 litres) “Just changing the engine oil will cost me 120m bolivars,” said Alvarez, adding that he had lost so Life's a struggle as Venezuela inflation heads for one million per cent. 2 Dec 2019 All countries have access to the same petroleum prices of Venezuela has cheapest price just $0.01 per liter followed by Cuba ($0.09). Gasoline Prices in Venezuela remained unchanged at 0 USD/Liter in February from 0 USD/Liter in January of 2020. Gasoline Prices in Venezuela averaged