(Stock Photo)

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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