None
EN
Mother in Cuba Jokes About Oil Shortage, Calls It "Liquid Gold"
[]
CubaHeadlines RSS Feed
The Price of Cooking Oil Soars in CubaHer words shed light on the resourcefulness of many Cuban families who are stretching essential cooking items as far as possible due to unaffordable prices.
The situation worsened after the Cuban regime lifted retail price caps for five imported goods, including cooking oils, with Resolution 150/2026 in June.
Drastic Price Increases Across CubaIn Havana, the cost of a liter of oil surged to 2,500 pesos and exceeded 3,000 pesos in other areas.
By early August, oil prices had reached 4,000 pesos per liter, with some Cubans claiming it sold for as much as 5,000 pesos in certain locations.
Municipalities like Moa and Banes in Holguín set the oil price at 2,200 pesos, clarifying it was not a new cap.