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    August 15

  • 04:39 PM

Change in petroleum prices

BGIS,

Added 05 July 2020

oil-112018

Consumers will pay less for LPG products. (FILE)

Consumers will pay more for gasoline, diesel and kerosene, but less for liquefied petroleum gas (LPG) products, effective midnight, Sunday, July 5.

A statement from Government today said the retail price of gasoline will be adjusted from $2.80 per litre to $2.96 per litre, an increase of 16 cents.  The price of diesel will increase by two cents, going from $2.29 per litre to $2.31 per litre, and kerosene will go from 63 cents per litre to 82 cents per litre, an increase of 19 cents.

The LPG 100lb cylinder will retail for $129.27, down from $158.71, a reduction of $29.44. The 25lb cylinder will now be sold at $37.42, down from $44.78, a decrease of $7.36.  The cost of the 22lb cylinder will drop from $39.56 to $33.09, a reduction of $6.47; and the 20lb cylinder will retail at $30.08, down from $35.97, a decrease of $5.89.

The statement said these price adjustments are in keeping with Government’s policy of allowing retail prices to be reflective of those on the international market.  (BGIS)

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