Petroleum Product Prices To Increase

 Published: 

Effective midnight, Sunday, June 10, consumers will be paying more for gasoline, diesel, and kerosene.

The retail price of gasoline will rise from Bds $3.40 per litre to Bds $3.60 per litre, reflecting an increase of $0.20. Diesel will cost Bds$2.80 per litre up from $2.61, an increase of $0.19. Kerosene will retail at Bds$1.55 per litre up from Bds $1.46 per litre, an increase of $0.9.

Liquefied petroleum gas (LPG) prices will also be increased. The 100 lb cylinder will retail at Bds$162.81 up from Bds$162.39. While the price of the 25 lb cylinder will move from Bds$45.70 to $45.80. The 22 lb cylinder will now cost Bds$40.47 up from Bds$40.38; and the 20 lb cylinder will retail at Bds$36.79, up from Bds$36.71.These new prices reflect increases of $0.42, $0.10, $0.09, and $0.08 respectively.

The adjustments in the retail prices of these products are in keeping with Government’s policy to allow retail oil prices to be reflective of those on the international market.

Reposted from: http://gisbarbados.gov.bb/blog/petroleum-product-prices-to-increase