Drop In Petroleum Prices

Kathyann Husbands banner, Top Stories

The prices of gasoline, diesel, kerosene and liquefied petroleum will fall, effective midnight, Sunday, June 4.

The retail price of gasoline will move from Bds$3.00 per litre to Bds$2.94 per litre, while the price of diesel will drop from $2.15 per litre to $2.13 per litre. Kerosene will now retail at $1.05 per litre, down from $1.10. These represent decreases of six cents, two cents and five cents per litre respectively.

Meanwhile, liquefied petroleum gas (LPG) will retail at Bds$144.38 per 100 lb cylinder, a decrease of $2.47. The price of the 25 lb cylinder has dropped from $41.81 to $41.19, a decrease of 62 cents, while the 22 lb cylinder will now cost $36.42, down from $36.96, which is 54 cents less. The new price of a 20 lb cylinder is $33.11, 49 cents cheaper.

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


Share this post with a friend...Email this to someone
Share on Facebook
Share on Google+
Tweet about this on Twitter
Share on LinkedIn