EnergyLocal NewsNews Petroleum prices increase for April by Barbados Today 03/04/2022 written by Barbados Today Updated by Desmond Brown 03/04/2022 1 min read A+A- Reset Share FacebookTwitterLinkedinWhatsappEmail 378 Barbadian consumers will be paying more for petroleum products, effective midnight, Sunday, April 3. The price of gasoline will be $4.13 a litre, an increase of 14 cents. Diesel will cost $3.45, and kerosene, $2.11, an increase of 14 cents, and 31 cents, respectively. In an effort to shield consumers from the full increase of refined petroleum products, Government announced in its Budget and Financial Proposal 2022 the capping of the Value Added Tax on gasoline and diesel. However, in light of increasing oil prices internationally, the prices had to be adjusted upward for April. Meanwhile, the adjusted price of the LPG 100-lb cylinder will be $167.69. The 25-pound cylinder will retail at $47.02; the 22-pound cylinder, $41.55, and the 20-pound cylinder, $37.77. These changes are in keeping with the retail prices of these products on the international market. (BGIS) Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like Saharan dust haze continues to affect the island 24/12/2024 Restaurants brace for festive frenzy with early reservations 24/12/2024 Barbadian MIT professor awarded among top scientists in the Americas 24/12/2024