Changes In Petroleum Prices

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Effective midnight Sunday, March 4, the retail price of gasoline increased while prices of diesel, kerosene and Liquified Petroleum Gas (LPG) fell.

The new price of gasoline is $3.44 per litre, up from $3.29, an increase of 15 cents. The price of diesel dropped from $2.63 per litre to $2.60 per litre, while kerosene now costs $ 1.41 per litre, down from $1.43. These represent decreases of three cents and two cents on diesel and kerosene respectively.

Meanwhile, the 100 lb cylinder of LPG now retails at $168.69, a reduction of $4.64. The price of the 25 lb cylinder moved from $48.43 to $47.27, a saving of $1.16, while the price of the 22 lb cylinder decreased by $1.03 from $42.79 to $41.76. The price of the 20 lb cylinder has been adjusted from $38.90 to $37.97, a decrease of 93 cents.

These price adjustments are in keeping with Government’s policy of allowing retail prices to be reflective of those on the international market.

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