CARACAS, Venezuela (AP) – Owners of the 1970s-era gas guzzling trucks and sedans that have long reigned over Caracas' smog-filled roadways will soon have to pay a bit more to keep flaunting ...

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 ...

Owners of the 1970s-era gas guzzling trucks and sedans that have long reigned over Caracas' smog-filled roadways will soon have to pay a bit more to keep flaunting their energy-inefficient ...

Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after decades of subsidies that have allowed Venezuelans to essentially fill their ...

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 ...

Before the announcement, a liter of high-quality gas in Venezuela cost about 10 centavos or one U.S. penny. Now it costs 6 bolivars or about 60 U.S. cents -- a 6000% price increase.

Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after decades of subsidies that have allowed Venezuelans to essentially fill their ...

Oil Crisis Prompts Venezuela To Hike Fuel Price, Devalue Currency By James Burgess - Feb 18, 2016, 4:06 PM CST For the first time in 20 years, Venezuela has raised gas prices, and fears persist ...

Though Venezuela's 1989 gas hike led to deadly riots, its 60 percent inflation rate is leading officials to talk of raising its bargain basement prices. IE 11 is not supported. For an optimal ...

Venezuela's 1989 fuel price hike helped spark riots that left hundreds dead, traumatized the country and spooked future presidents from touching the world's cheapest fuel. Skip to main content ...

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 ...