Crude oil prices rise, and Bolivian needs to pay more to import fuels

The price of Texas Intermediate Crude Oil (WTI) (the Bolivian benchmark) closed at 60.52 dollars, causing the country to pay more to import gasoline and diesel. Bolivia imports 70 per cent of diesel and about 50 per cent of petrol, as production is insufficient. Although gas exports improve the price and the regions and universities improve resource’s income, the effect is neutral.

Source: Página Siete