Monday, 06 March 2023 22:43

Fuel prices drop between US$0.21 and US$0.09 nationwide

Written by Evelyn Alas

The Directorate of Energy, Hydrocarbons and Mines informs people that fuel prices will decrease between US$0.21 and US$0.09 from tomorrow 07 to march 20, 2023.

For the Central Zone the gallon of superior gasoline will be at a cost of US$4.40, regular at US$4.19 and diesel at US$4.14.

En Gaceta Oficial: Nuevos Precios del Combustible – Microjuris - Venezuela

Those who buy fuel in the Western zone of the country will find superior gasoline at US$4.41 per gallon, regular gasoline at US$4.19 and diesel at US$4.15.

For carriers in the eastern zone, premium gasoline will cost US$4.45, regular gasoline US$4.23 and diesel at US$4.18.

Pagarán los autónomos 3 euros por litro de gasolina?

According to the institution, the low prices are due to the continuous increase in oil reserves, according to a report by the International Energy Agency (IEA), allowing low international prices of oil derivatives.

Likewise, the economic strategy of the United States Federal Reserve (FED), generating a downward trend in international oil prices.

El Acuerdo de París, en peligro por la producción de combustibles fósiles

In addition, according to international media, Brent crude oil and West Texas (WTI) registered a drop of a little less than one percent compared to the closing day.

The drop in prices is the result of the new economic growth target in China, which is at five percent, below the expected figures.

 

Translated by: A.M