Thursday, March 28, 2024

New petroleum prices

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CONSUMERS WILL PAY more for gasoline, diesel and kerosene, and less for liquefied petroleum gas (LPG) from midnight, Sunday, October 2.

The retail price of gasoline will move from Bds$2.82 per litre to $2.91, an increase of nine cents per litre. 

The price of diesel will move from Bds$1.95 to $2.09, 14 cents more. Kerosene will now retail at $1.05 cents per litre, up from 90 cents.

Meanwhile, liquefied petroleum gas (LPG) will now retail at Bds$135.16 per 100 pound. cylinder, down from Bds$137.95, a decrease of $2.79.

The price of the 25 lb. cylinder is now $38.89, a decrease of 61 cents, while the 22 lb. cylinder will cost $34.39, down by 53 cents. The price of a 20 lb. cylinder has moved from $31.75 to $31.26, a 49 cents saving.

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

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