Consumers will be paying slightly less for gasoline, diesel and liquefied petroleum gas (LPG) effective midnight Sunday, but more for kerosene.
The retail price of gasoline will drop from $2.91 per litre to $2.84, a decrease of seven cents, while the price of diesel will drop from $2.09 per litre to $2.07, a saving of two cents per litre.
The price of kerosene will however increase by one cent from $1.05 per litre to $1.06.
Meanwhile, the retail price of the 100 lb LPG cylinder will move from $135.16 to $134.37. The 25 lb cylinder will now retail at $38.69, down from $38.89, while the price of the 22 lb cylinder will move from $34.39 to $34.21. The new price of the 20 lb cylinder is $31.10, down from $31.26.
These changes in the price of LPG amount to decreases of 79 cents per 100 lb cylinder; 20 cents per 25 lb cylinder; 18 cents per 22 lb cylinder; and 16 cents per 20 lb cylinder.
The Energy Division explained that the adjustments in retail prices were due solely to changes in the CIF (cost, insurance and freight) of these refined products.