Fuel prices drop

The prices of gasoline, diesel, kerosene and liquefied petroleum will fall, effective midnight tonight.

The retail price of gasoline will move from $2.71 per litre to $2.69 per litre, while the price of diesel will drop from $1.89 per litre to $1.82 per litre. Kerosene will now retail at 80 cents per litre, down from 95 cents. These represent decreases of two cents, seven cents and 15 cents per litre respectively.

Meanwhile, liquefied petroleum gas (LPG) will retail at $152.24 per 100 lb cylinder, a decrease of $1.24. The price of the 25 lb cylinder has dropped from $43.47 to $43.16, a decrease of 31 cents, while the 22 lb cylinder will now cost $38.15, down from $38.42, which is 27 cents less. The new price of a 20 lb cylinder is $34.68, 25 cents cheaper.

These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products.

33 Responses to Fuel prices drop

  1. Tristan John
    Tristan John February 7, 2016 at 7:09 pm

    Finally! And stay down 🙂

    • Cherylann Bourne-Hayes
      Cherylann Bourne-Hayes February 7, 2016 at 7:11 pm

      And keep dropping. It has been falling steadily here in the US. One thing is that diesel costs more here than gasoline. Dont know why.

      • Abstract February 8, 2016 at 2:53 pm

        It has been dropping in the US steadily but not over here. I have been watching it. has dropped more than 3 times in the US and this would be the second here. If it goes up once in the US i can bet you it goes up here. lol

    • John Da Silva
      John Da Silva February 7, 2016 at 7:16 pm

      A 2 cent drop is a complete joke!

    • Tristan John
      Tristan John February 7, 2016 at 7:17 pm

      It’s a start John. Did you realise one fell by 15 cents? Not bad at all…

    • John Da Silva
      John Da Silva February 7, 2016 at 7:21 pm

      I wonder if the price of kerosene applies to jet fuel. Can’t imagine many people still cooking with kerosene.

  2. Sebastian Da Costa
    Sebastian Da Costa February 7, 2016 at 7:18 pm

    2 cents lol we don’t even deal in cents anymore what a joke

    • Tristan John
      Tristan John February 7, 2016 at 7:25 pm

      Gotta start somewhere. Right? Btw…Kerosene fell by 15 cents! #Js 🙂

  3. Curtis Griffith
    Curtis Griffith February 7, 2016 at 7:18 pm

    BL&P we are Looking forward to a speedy adjustment in the fuel clause

  4. Jamal Rock
    Jamal Rock February 7, 2016 at 7:21 pm

    What I would like is a better quality gas and how is it that it dropping by cents that we supposedly done way with which means it really didn’t drop by time it round off

    • Tristan John
      Tristan John February 7, 2016 at 7:38 pm

      Never heard of anyone going to the gas station and being precise down to the cent. You must be special lolol

    • Jamal Rock
      Jamal Rock February 7, 2016 at 7:51 pm

      Lol just observant, I’m sure if it was to go up tomorrow it would be by 5 or 10 cent remember it’s per liter so you do the maths when it comes to the gallons and see how fast it turns to dollars

  5. Kevin Holder
    Kevin Holder February 7, 2016 at 7:29 pm

    That very good god bless

  6. Sylvia Mayers
    Sylvia Mayers February 7, 2016 at 7:35 pm

    This is a big fat Joke 31 cents?????? When gas when up $8.00 so tell me how on God green earth gas prices going down??? Plus is 25 pound bottle for $43.00 is Barbados today right about those prices??? Isn’t gas at the station for $49.00 dollars? And when the dude bring it to us around $60.00 dollars.

  7. W Greene February 7, 2016 at 8:11 pm

    Drop gasoline by 3cents to raise it by 75cents

  8. Lawrence Griffith
    Lawrence Griffith February 7, 2016 at 8:47 pm

    The people have to be really stupid to be thinking they are going to benefit from a 3 cents per litre discount. Just think about it, if your vehicle takes 60 litres to fill up. Then you save $1.80 and that isn’t even busfare. Keep in mind that the oil prices are down from $80.00 dollars to below $30.00 dollars more in half. Look at the profit margin between their and your 3 cents per litre. How many liters does the government gets from a barrel is about 190 litres, plus the by-products from the refinery give you kerosene, bingaman for asphalt and jet fuel=kerosene that is slightly better refined. So when the government gives you a 3 cents discount a liter they are deceiving you people that don’t know what is going on. That’s the same as if your boss give you a pay rise of 3.5 cents an hour = 40 hours a week = 180 hours a month = $1,80 a month.
    Would you be happy with 3.5 cents pay increase? Just think about it…

  9. Miguel Carlos Jose Humphrey
    Miguel Carlos Jose Humphrey February 7, 2016 at 9:32 pm

    Dem Pocket liners deep

  10. Miguel Carlos Jose Humphrey
    Miguel Carlos Jose Humphrey February 7, 2016 at 9:34 pm

    Has anyone looked at gas prices back when oil was $30.usd a barrel and see what we were paying at the pump to compare to the prices today. I bet you didn’t research it and see a Huge difference then and now.
    Dem got jokes….3 cents Hahahahaahaaa

  11. Rawle Maycock
    Rawle Maycock February 7, 2016 at 9:37 pm

    This making sport at the people of Barbados.

  12. Rawle Maycock
    Rawle Maycock February 7, 2016 at 9:40 pm

    I can drive on $12 a week now I gas up yesterday $12, bucks that’s going to take me to Thursday to an from work.

  13. Alex Alleyne February 7, 2016 at 10:59 pm

    WE have been ‘soaked” for years by T&T via Barbados. Its about time the automobiles owners get some relief. …..Keep those prices falling . World wide, its all to put the squeeze on PUTIN.( RUSSIA)

  14. Tony Webster February 8, 2016 at 6:10 am

    This drop…is simply an insult to one’s intelligence. A sop, as some might say….and a very, very poor one, at that. It’s actual import, is moreso an indication of this administration’s continuing fiscal challenges: their depth, and their “resilience”.

  15. Christopher A Oliver
    Christopher A Oliver February 8, 2016 at 6:19 am

    Listen we in Barbados behind time. …… every other country has lower fuel prices than us.
    Gasoline should Bds $ 1.54

  16. rudolph boyce February 8, 2016 at 7:48 am

    Put the blame squarely where it belongs your government taxing system. stop blaming outsiders. its your government spending, spending. they gotta find that 700 million plus for the gasification plant..

  17. Barker Antony
    Barker Antony February 8, 2016 at 10:04 am

    Next time if the price cannot decrease by 10 cents a liter dont even bother to let us know!!!!!

  18. Sheldine Dyall
    Sheldine Dyall February 8, 2016 at 10:46 am

    This is no decrease, gas is selling cheap and our prices still high.

  19. Randy Banfield
    Randy Banfield February 8, 2016 at 11:15 am

    I don’t have a car right now so I am using his story. Corey Worrell wrote in response to this, Thank you bro.

    “Gasoline has dropped from $2.71 per litre to $2.69 per litre and Bajans saying thanks? – jokes
    Seriously, this is what you give your citizens.
    Since we don’t use one cents anymore, it went from $2.70 to 2.70 – lol
    So yesterday if it took me $119.24 to full a car with 44 litres of gas and today with this price drop it will now cost me $118.36.
    I have saved $0.88. A whole 88cents.
    The price of a barrel of oil moved from USD$80 to less than USD$30 which is a drop of 166.67%. and this is the best Bajans can get a drop of 0.74%?
    Just look at that – 166.67% reduction in cost and Bajans get 0.74% in savings – not even 1%.
    This governwmnt has no moral stance to accuse any supermarket of price gouging or unfair business practices”.

  20. Stafford Thorne
    Stafford Thorne February 8, 2016 at 2:46 pm

    That is how much they care we need better

  21. Veroniva Boyce
    Veroniva Boyce February 8, 2016 at 4:29 pm
  22. Everton Henry February 8, 2016 at 8:46 pm

    The average price of gas is 1.00US per gallon in the world.1 GALLON IS 3.78541 LITRES BY 2.69=10.18bds or 5.09 USD PER GALLON.Just think

  23. Dave February 9, 2016 at 12:25 am

    Still being ripped off!


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