New Petroleum Prices From Midnight May 1

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Consumers will pay more for gasoline, diesel, kerosene and liquefied petroleum gas (LPG) from midnight, Sunday, May 1.

The retail price of gasoline will move from Bds$2.63 to Bds$2.79, an increase of 16 cents per litre.

The price of diesel will rise from Bds$1.83 per litre to Bds$1.88, an increase of five cents. Kerosene will now retail at 84 cents per litre, an increase of one cent.

In addition, liquefied petroleum gas (LPG) will retail at Bds$152.99 per 100 lbs cylinder, an increase of $2.43 cents.

The 25 lbs cylinder will now cost $43.35, an increase of 61 cents, while the 22 lbs cylinder will now be retailed at $38.31, up by 53 cents. The new price of a 20 lbs cylinder is $34.83, an increase of 49 cents.

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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