New Petroleum Prices Effective May 17

admin Top Stories

Effective midnight Sunday, May 17, the retail price of gasoline and diesel will increase, while the price of kerosene will fall.

According to a statement from the Division of Energy, the price of gasoline will move from $3.02 per litre to $3.08 per litre, while the price of diesel will increase by one cent from $2.30 per litre to $2.31 per litre.

The price of kerosene will now be $1.18, down from $1.21.??Meanwhile, the price of liquefied petroleum gas (LPG) has also risen from $155.75 per 100 lb. cylinder to $159.51 per 100 lb. cylinder.

The 25 lb. cylinder will increase by 94 cents from $44.04 to $44.98, while the 22 lb. cylinder will move from $38.92 to $39.74. There will be a 75 cents increase on the 20 lb. cylinder which will now retail for $36.13.??These adjustments in retail prices are due solely to changes in the CIF (cost, insurance, freight) of these refined products.

joycspring@gmail.com

Share this post with a friend...Email this to someoneShare on FacebookShare on Google+Tweet about this on TwitterShare on LinkedIn