Posted on

New petroleum prices

SHERRYLYN TOPPIN, [email protected]

New petroleum prices

Social Share

CONSUMERS WILL PAY MORE for gasoline, diesel, kerosene and liquefied petroleum gas (LPG) from midnight.

The retail price of gasoline will move from Bds$2.63 to Bds$2.79, an increase of 16 cents per litre. 

The price of diesel will rise from Bds$1.83 per litre to Bds$1.88, an increase of five cents.

Kerosene will now retail at 84 cents per litre, an increase of one cent.

In addition, liquefied petroleum gas (LPG) will retail at Bds$152.99 per 100 pound cylinder, an increase of $2.43 cents. 

The 25-lb cylinder will now cost $43.35, an increase of 61 cents, while the 22-lb cylinder will now be retailed at $38.31, up by 53 cents. The new price of a 20-lb cylinder is $34.83, an increase of 49 cents.

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