Home ยป Posts ยป Price changes for Petroleum Products for June 2022

Price changes for Petroleum Products for June 2022

by Barbados Today
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Consumers will pay more for gasoline, diesel and kerosene, but less for liquefied petroleum gas (LPG) products, effective midnight, Sunday, June 5.

The price of gasoline will be $4.41 per litre, an increase of three cents, while diesel will go up by 1 cent to $4.04 per litre, and kerosene will move to $2.63, an increase of 23 cents.

The retail price of LPG will now be $170.42 for the 100-lb cylinder; $ 47.71 for the 25-lb cylinder; $42.15 for the 22-lb cylinder and $38.31 for the 20-lb cylinder.

In an effort to protect consumers from the full increase of refined petroleum products, Government announced the capping of the Value Added Tax on gasoline and diesel in this yearโ€™s Budget and Financial Proposal. ย However, in light of increasing oil prices internationally, the prices had to be adjusted upward for June.

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