#Latest news with #oilmajorsBloomberga day agoBusinessBloombergVenezuela Plans a 50% Fuel Hike as It Braces for Revenue SlumpVenezuela's government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in revenues after US oil major Chevron and other oil firms halted work in the country. State-owned oil Petroleos de Venezuela SA plans to roll out a price increase of $0.25 per liter to $0.75 across states, according to three people with knowledge of the situation.
Bloomberga day agoBusinessBloombergVenezuela Plans a 50% Fuel Hike as It Braces for Revenue SlumpVenezuela's government is laying the groundwork for a 50% hike in fuel prices at the pump as it braces for a decrease in revenues after US oil major Chevron and other oil firms halted work in the country. State-owned oil Petroleos de Venezuela SA plans to roll out a price increase of $0.25 per liter to $0.75 across states, according to three people with knowledge of the situation.
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