The Government of Uruguay Friday announced an increase in the price of fuel as of July 31. It is the third rise in less than two months.
Uruguay's Deputy Minister of Industry, Energy and Mining, Walter Verri hinted a new hike in the price of petrol was coming up in August and warned people will need to get used to such a mercurial behavior
President Sebastián Piñera Thursday ordered his cabinet to seek ways to stop the trend, following the eighth increase in the price of petrol in as many weeks
US consumers prices fell in November due to a sharp drop in petrol prices, according to official figures, as inflation in the economy remained weak. The consumer price index fell 0.3% from October, the first decline since May, the US Labour Department said.
Venezuela, the latest entry as full member of Mercosur has the cheapest petrol price in the world, 8 pennies per liter, (1 £ trading at 1.59 dollars on 22 August) according to the latest report from UK website, “This is money”, based on a research from Evans Halshaw.