Economy

Gasoline up $400 and diesel $200: find out which cities in the country have the most expensive fuel

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Director of Portafolio 05/04/2026 18:22 Updated: 05/04/2026 21:27

Supersociedades sanctioned Gasoriente, subsidiary of Grupo Vanti, for 1,545 million pesos

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US Halts Forced Sale of Citgo with its 23rd Reprieve

The United States Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has extended a general license protecting the refiner Citgo Petroleum from creditors of the Pdvsa 2019 bond until June 19, 2026.

1.4 Billion Chinese to Feed

The United States and Europe are self-sufficient in feeding their populations. China is not. The efforts the country has been making to address this disparity are colossal.

Global trade could fall due to Strait of Hormuz closure, worsening global economic and energy tensions

The Strait of Hormuz accounts for about 20% of global oil trade. Photo: EFE

Ecuador lowers tariff on Colombian products: goes from 100% to 75% amid crisis

Portafolio Journalist 05.04.2026 16:36 Updated: 05.04.2026 17:21

Copa Airlines Resumes Operations in Barquisimeto with Three Weekly Flights

Copa Airlines has resumed its operations in Barquisimeto. With this addition, the airline now operates from four cities in the country this month, along with Caracas, Maracaibo, and Valencia, leaving only one destination to complete the full restoration of its operation in Venezuela. This reactivation will allow passengers from the center-west of the country to connect through Panama, with more than 85 destinations in 32 countries in North America, Central America, the Caribbean, and South America, including more than 15 cities in the United States, 5 cities in Mexico, and more than 20 destinations in the Caribbean.

Fedecamaras: A salary income that "has the dignity that workers require" must be achieved

For the first vice president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecamaras), Tiziana Polesel, the adjustment in the integral minimum income announced a few days ago by the national Executive is "a step". Banca y Negocios In this sense, she considered that "there is still much to be done" and that to improve workers' income, economic growth of the country is required. In this regard, she asserted that the national economy is not yet reporting growth as it is in a recovery phase.

Wall Street Closes in the Red as Crude Oil Prices Skyrocket Due to the War in Iran

Wall Street closed in the red this Monday, with its main indicator, the Dow Jones Industrial Average, falling 1.13% as oil prices soared due to the war in Iran and the situation in the Strait of Hormuz. At the end of the session on the New York Stock Exchange, the Dow Jones stood at 48,941 points; the selective S&P 500 retreated 0.41% to 7,200 points, and the Nasdaq lost 0.19% to 25,067 units.

Fevearroz: Producers face crisis due to low prices and difficulties placing harvests

The Venezuelan Rice Federation (Fevearroz) warned that producers in Guárico are going through a crisis caused by two factors: the low prices at which they must sell and the lack of silo capacity to receive harvests. The president of the guild, José Luis Pérez, warned that this represents a critical scenario that jeopardizes profitability in the sector. He explained that companies that financed the cereal's production are only receiving the rice equivalent to the loan amount and that due to lack of space in their silos, they refuse to receive the surplus.

Energy saving becomes the solution again for electricity deficit due to El Niño phenomenon, why again?

The heatwave could take its toll on various sectors of the economy if it worsens. Photo: Image generated with artificial intelligence.