Petroleum prices rise
Consumers will pay more for gasoline, diesel, kerosene and liquefied petroleum gas (LPG) from midnight, Sunday.
The retail price of gasoline will move from $2.63 to $2.79, an increase of 16 cents per litre.
The price of diesel will rise from $1.83 per litre to $1.88, an increase of five cents. Kerosene will now retail at 84 cents per litre, an increase of one cent.
In addition, LPG will retail at $152.99 per 100 pound cylinder, an increase of $2.43 cents.
The 25 pound cylinder will now cost $43.35, an increase of 61 cents, while the 22 pound cylinder will now sell at $38.31, up by 53 cents. The new price of a 20 pound cylinder is $34.83, an increase of 49 cents.
“These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products,” the Division of Energy said in a statement issued by the Barbados Government Information Service.