Thursday, April 25, 2024

Change in petroleum prices

Date:

Share post:

THE PRICES OF GASOLINE, diesel and liquefied petroleum will fall, effective midnight, Sunday, March 6 while the price of kerosene will increase by one cent.

Kerosene will now retail at 81 cents per litre, up from 80 cents while the retail price of gasoline will move from BDS $2.69 per litre to BDS $2.58.

The price of diesel will drop from BDS $1.82 per litre to BDS $1.77. These represent decreases of 11 cents and five cents, respectively on gasoline and diesel.

Meanwhile, liquefied petroleum gas (LPG) will retail at BDS $151.19 per 100 lb. cylinder, a decrease of 34 cents.

The price of the 25 lb. cylinder has dropped from $43.16 to $43.08, a decrease of eight cents while the 22 lb. cylinder will now cost BDS $38.07, down from BDS $38.15, which is eight cents less. The new price of a 20 lb. cylinder is BDS $34.61, seven cents cheaper.

These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products. (BGIS)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

British Airways celebrates 70 years in Barbados

SEVENTY YEARS AGO, the first direct British Airways (BA) flight landed in Barbados. Yesterday, the Barbados Tourism Marketing Inc...

Body found near Culpepper

There are reports reaching The Nation that a body was found in the area of Culpepper, St Philip. Initial...

Time to focus on national issues

ARE THE DEMS united, or are they fragmented? The reason I ask though is because shortly after Member of...

Dominica High Court overturns ban on same-sex relations

Dominica's High Court has overturned a ban on consensual same-sex relations in the Caribbean island nation. The court ruled...