New Petroleum Prices Effective Midnight July 3

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(Stock Photo)

(Stock Photo)

Consumers will pay more for gasoline, diesel and kerosene, and less for liquefied petroleum gas (LPG) from midnight, Sunday, July 3.

The retail price of gasoline will move from BDS$2.85 to $2.93 per litre, an increase of eight cents per litre.

The price of diesel will rise from BDS$1.99 to $2.07 per litre, an increase of eight cents. Kerosene will now retail at BDS$1.03 cents per litre, an increase of 11cents.

Meanwhile, LPG will retail at BDS$136.99 per 100 lb cylinder, down from BDS$140.31, a decrease of $3.32.

The price of the 25 lb cylinder has dropped from $40.18 to $39.35, a decrease of 83 cents, while the 22 lb cylinder will now cost $34.79, down from $35.52, which is 73 cents less. The new price of a 20 lb cylinder is $31.63, which is 66 cents cheaper.

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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