Brace for changes in petroleum prices tonight

Effective midnight tonight, the retail prices of gasoline and kerosene will increase, while the price of diesel will decrease.

Meanwhile, those for liquefied petroleum products will remain unchanged.

The retail price of gasoline will be adjusted from BDS $3.57 per litre to BDS $3.82 per litre, an increase of 0.25 cents.  The price of kerosene will increase by 0.02 cents, moving from $1.40 per litre to $1.42 per litre.  There will be a reduction in the price of diesel by 0.01 cent, therefore diesel will now retail at $3.08.

Liquefied petroleum gas will continue to retail as adjusted at December 2, 2018. The 100lb cylinder will retail for $163.07; the 25lb cylinder at $45.87; the 22lb cylinder at $40.53; and the 20lb cylinder at $36.84.

These price adjustments are in keeping with government’s policy of allowing retail prices to be reflective of those on the international market. (BGIS)