New Petrol Prices From Midnight Sunday

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Consumers will pay more for gasoline and less for diesel, kerosene and liquefied petroleum gas (LPG) from midnight, Sunday, May 7.

The retail price of gasoline will move from BDS$2.97 per litre to $3, an increase of three cents per litre. The price of diesel will drop from BDS$2.28 to $2.15, a saving of 13 cents. Kerosene will now retail at $1.10 per litre, down from $1.12.

Meanwhile, liquefied petroleum gas (LPG) will retail at BDS$146.85 per 100 lb cylinder, down from BDS$157.72, a decrease of $10.87. The price of the 25 lb cylinder is now $41.81, a decrease of $2.72, while the 22 lb cylinder will now cost $36.96, a decrease of $2.39. The price of a 20 lb cylinder has moved from $35.77 to $33.60, a $2.17 decrease.

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

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