Increased Prices On Petroleum Products

admin Ministry News

There has been a slight increase in the price of petroleum products.

Effective midnight, Wednesday, May 6, the retail price of gasoline will be increased by eight cents, from $1.94 per litre, to $2.02 per litre. The price of diesel and kerosene has been adjusted upwards by nine cents and seven cents, respectively and will now be retailed at $1.71 and 99 cents.At a meeting on June 5, last year,

Cabinet had instituted a mechanism to adjust petroleum prices on a monthly basis in keeping with international trends as it relates to the pricing of petroleum products.

jwilson@barbados.gov.bb

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