Tag: gasoline price

Gasoline prices in Colombia will rise again in January

Gasoline prices in Colombia will rise again in January

After deciding not to increase the price of gasoline in December, the central government confirmed that the gradual increase will continue from January 2024, this time by $600 more. The announcement was made by the Ministry of Energy and Mining itself, explaining that from January 1, 2024, a gallon of gasoline nationally would have an […]

Minhacienda confirms that petrol prices will not rise in December

Minhacienda confirms that petrol prices will not rise in December

“We are evaluating to what extent we need to close the gap. We said there were three fuel increases missing, one of them has already been done. And I think we only need one more, and that could be in January,” the foreign minister said. Finance at a press conference in Bogota. The National Government […]

Minhacienda confirms that the petrol price will be adjusted in November

Minhacienda confirms that the petrol price will be adjusted in November

The head of the portfolio tax authorities He also revealed that three increases are still missing to achieve equality at the international level. “The petrol Three adjustments are still needed, and they will be implemented. The only thing still pending is that the Ministry of Transport “Remove the compensation decision for taxi drivers and make […]

The continued year of increase in gasoline prices is keeping users in check

The continued year of increase in gasoline prices is keeping users in check

Gasoline used to work, but not anymore. “I put $10,000 in in the morning and after a while I have to put $10,000 more in.” This is how he put it Ricardo Delgadomotorcycle user Barranquillawho assured that his purchasing power has deteriorated in a year due to the increase in the price of regular gasoline […]

If we didn’t produce gasoline, Ecopetrol would go bankrupt: President Petro

If we didn’t produce gasoline, Ecopetrol would go bankrupt: President Petro

Every month the gasoline price with an average of 600 pesos, something that has led to rejection in part of the country and even led to a mobilization in the main cities on August 28. Also read: Gasoline price increases by $400 in September The national government has insisted that the increase is due to […]

The calculation formula must be adjusted: Jennifer Pedraza on petrol

The calculation formula must be adjusted: Jennifer Pedraza on petrol

Dignidad’s representative, Jennifer Pedraza, warned in the legislative cell “Why are we paying the petrol like we won in dollars? Did Petro forget that before they were a government they said it was urgent to separate the price of gasoline from international prices? For this reason, the MP stated: “Yes, there are alternatives to the […]

“Fuel Price Agreements”: Financing from oil companies

“Fuel Price Agreements”: Financing from oil companies

The competition and market authority has launched an investigation into the allegations that some oil companies made an agreement to form a cartel by coordinating to increase the price of fuel. According to Antitrust, it all started from an internal report, thanks to a “deep throat” that exposed the system through the whistleblowing platform, brought […]

“This year, the purchase of imported gasoline should be planned”: Petro

“This year, the purchase of imported gasoline should be planned”: Petro

Last Friday, the Minister of Mines, Irene Vélez, confirmed a 600 pesos increase in the price of a gallon of regular gasoline for this month of June, which will take effect this Saturday, June 3. For example, the gallon went from an average price of $11,767 in May to $12,367 in June. In the case […]

Lowering the price of gasoline produced by Ecopetrol does not “resonate” with the Treasury Department

Lowering the price of gasoline produced by Ecopetrol does not “resonate” with the Treasury Department

The proposals put forward by the Minister of Mines and Energy, Irene Vélez, regarding the price of petrol “did not sound familiar to the Minister of Finance, Ricardo Bonilla”. The idea of ​​Minister Vélez during her trip to Portugal, that the international price should not be applied to the gasoline produced in the country by […]

Government studies implementing differential price of gasoline

Government studies implementing differential price of gasoline

The Minister of Mines and Energy, Irene Vélez, announced that the government is analyzing the possibility of applying differential fuel prices for small consumers. In statements to the national media in Portugal, he assured that it has been established that there are large consumers who benefit from the subsidies provided through the Fuel Price Stabilization […]

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