Effective midnight Sunday, December 2, the retail prices of gasoline, diesel and kerosene will decrease.
The retail price of gasoline will be adjusted from Bds $3.91 per litre to Bds $3.71 per litre, a reduction of 0.20 cents. The price of diesel has decreased by three cents per litre, moving from $3.20 per litre to $3.17 per litre. Kerosene will retail at $1.44 per litre down from $1.54 per litre, a reduction of 0.10 cents.
Similarly, there will be a decrease in the price of Liquefied Petroleum Gas. The LPG 100lbs cylinder will retail for $163.07, down from $168.42, a reduction of $5.35. The price of the LPG 25lbs cylinder will now be sold at $45.87, a decrease of $1.33. The cost of the 22lbs LPG cylinder will drop from $41.71 to $40.53, a reduction of $1.18; and the 20lbs LPG cylinder will retail at $36.84 down from $37.91, a decrease of $1.07.
These price adjustments are in keeping with Government’s policy of allowing retail prices to be reflective of those on the international market.