Gasoline reaches 900 pesos per liter in the informal market in Cuba

The price of gasoline in Cuba's informal market has reached 900 pesos per liter, with some sellers asking for as much as 1,000 pesos, reflecting the severe energy and economic crisis.

Gas station in Havana (Reference image)Photo © Trabajadores

Related videos:

Several social media posts report that the price of gasoline in the informal market in Cuba has reached 900 pesos per liter, reflecting once again the rampant inflation that deeply affects the country's economy.

This increase, which further exacerbates the cost of living, is a symptom of the economic crisis that is intensifying across all sectors, affecting both consumers and transporters.

William Sosa reported this Sunday on Facebook that “it doesn’t matter in what currency you sell, if you don’t guarantee a stable offer, everything will just be a business,” while sharing a screenshot of an ad where someone was offering 30 liters of gasoline at 900 pesos each.

Facebook capture / William Sosa

In the same way, a person named Yoendi Vidor announced in the group Facebook “Sale of Karpaty in Las Tunas” that they had “20 liters of gasoline for 1000 pesos, or 900 if you buy all 20.”

Facebook Capture / Sale of Karpaty in Las Tunas / Yoendi Vidor

"I have 17 liters of gasoline at 900 pesos, interested parties can contact me privately," reads the ad posted by Claudia Peña last Wednesday in the group Facebook "Motores Las Tunas."

Facebook Capture / Las Tunas Motors / Claudia Peña

María Hernández posted on her Facebook profile this Sunday that she had "20 liters of gasoline for sale at 900 per liter."

Capture Facebook / María Hernández

In the midst of the energy crisis affecting the Cuban population, an activist reported on social media last December that the price of gasoline has risen in the informal market, reaching exorbitant figures.

The activist Johanna Jolá Álvarez reported on Facebook that gasoline prices on the black market are reaching alarming levels, while people have to endure long lines to purchase at gas stations.

I was just offered gasoline at 700 CUP per liter. I was left speechless, not knowing what to say. What a terrible reality we are living in!”, she expressed in her post, accompanied by emojis that reflect her astonishment and indignation.

Just one month later, the price of gasoline reached 900 pesos per liter, and in some cases it is already being sold for up to 1,000 pesos.

Frequently Asked Questions about the Price of Gasoline in Cuba and the Economic Crisis

What is the current price of gasoline in the informal market in Cuba?

The price of gasoline in the informal market in Cuba has reached 900 pesos per liter, with some cases reporting up to 1,000 pesos. This increase is a reflection of the energy crisis and the uncontrolled inflation on the island.

How is the fuel crisis affecting the Cuban population?

The fuel crisis in Cuba is severely affecting the daily lives of citizens, who are facing difficulties in carrying out basic activities such as commuting or collecting donations. This situation has led to an increase in prices in the black market and has intensified the scarcity of resources in various regions of the country.

What measures has the Cuban government taken to regulate the sale of gasoline?

In response to the crisis, the Cuban government has implemented strict measures to regulate the sale of gasoline in some provinces, such as Cienfuegos. These measures include restrictions on the amount of fuel that individuals can purchase and limitations on the sales points, but they have not been sufficient to resolve the supply crisis.

What is the relationship between the gasoline crisis and blackouts in Cuba?

The gasoline crisis in Cuba is linked to the need for fuel for home power plants, used by many families to cope with constant blackouts. This increase in gasoline demand has worsened the shortage and contributed to the rise in prices on the black market.

Filed under:

CiberCuba Editorial Team

A team of journalists committed to reporting on Cuban current affairs and topics of global interest. At CiberCuba, we work to deliver truthful news and critical analysis.