The retail price of diesel fuel in Venezuela has been on a downward trend for most of the past two decades. After 2020, however, diesel prices in the South American country started rising and in 2022 one liter of diesel fuel was sold at 0.02 U.S. dollars. Nevertheless, Venezuela has some of the world's lowest diesel prices thanks to its large domestic oil production.
Retail price of diesel fuel in Venezuela from 2001 to 2022
(in U.S. dollars per liter)
Characteristic
Price in U.S. dollars per liter
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Economic Commission for Latin America and the Caribbean. (January 5, 2023). Retail price of diesel fuel in Venezuela from 2001 to 2022 (in U.S. dollars per liter) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/
Economic Commission for Latin America and the Caribbean. "Retail price of diesel fuel in Venezuela from 2001 to 2022 (in U.S. dollars per liter)." Chart. January 5, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/
Economic Commission for Latin America and the Caribbean. (2023). Retail price of diesel fuel in Venezuela from 2001 to 2022 (in U.S. dollars per liter). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/
Economic Commission for Latin America and the Caribbean. "Retail Price of Diesel Fuel in Venezuela from 2001 to 2022 (in U.S. Dollars per Liter)." Statista, Statista Inc., 5 Jan 2023, https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/
Economic Commission for Latin America and the Caribbean, Retail price of diesel fuel in Venezuela from 2001 to 2022 (in U.S. dollars per liter) Statista, https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/ (last visited July 22, 2024)
Retail price of diesel fuel in Venezuela from 2001 to 2022 (in U.S. dollars per liter) [Graph], Economic Commission for Latin America and the Caribbean, January 5, 2023. [Online]. Available: https://www.statista.com/statistics/1454851/annual-diesel-prices-venezuela/