(Stock Photo)

Effective midnight, Sunday, August 05, the retail prices of gasoline, diesel, and Liquefied Petroleum Gas (LPG) decreased, while the retail price of kerosene increased.

The new price of gasoline is Bds $3.88 per litre, down from $3.96, a decrease of eight cents. The price of diesel decreased by six cents per litre, moving from $3.21 per litre to $3.15 per litre. Kerosene now costs $1.46 per litre, up from $1.45, representing an increase of one cent per litre.

Meanwhile, the 100 lb cylinder of LPG now retails at Bds $154.34, a reduction of $7.83, down from the previous $162.17. The price of the 25 lb cylinder moves from $45.64 to $43.69, a saving of $1.95, while the price of the 22 lb cylinder decreased by $1.72 cents from $40.33 to $38.61. The price of the 20 lb cylinder has been adjusted from $36.66 to $35.10, a decrease of $1.56.

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

sheena.forde@barbados.gov.bb

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