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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.


16 Responses to Petroleum prices rise

  1. Santini More
    Santini More May 1, 2016 at 7:42 pm

    16 cents per litre on gas??…Did the USA bomb Saudi Arabia or something to cause such a spike in oil prices OR is this lousy DLP Government using the Barbados public as their private piggy bank AGAIN?

  2. Rawle Maycock
    Rawle Maycock May 1, 2016 at 8:11 pm

    Bajans have just missed out on the altimate energy program!

  3. Rawle Maycock
    Rawle Maycock May 1, 2016 at 8:27 pm
  4. Rawle Maycock
    Rawle Maycock May 1, 2016 at 8:28 pm

    That’s the way it is for now! Heading towards $3

  5. dave May 1, 2016 at 11:17 pm

    Utterly and totally Unbelievable !

  6. Ezekiel Baker
    Ezekiel Baker May 1, 2016 at 11:49 pm

    There isn’t any competition in the Caribbean region, when it comes pricing goods, what needed is one regulator working for the best interest of the whole Caribbean people, if there were you would all see different in prices.

  7. Philip Matthews
    Philip Matthews May 2, 2016 at 1:05 am

    That is 60 cents a gallon , thus $6 more to fill a 10 gallon Tank , in the US gas never jumps over 10 cents a gallon at a time so why in Barbados this government always jacking up the price , 3.78 liters=1 US Gallon

  8. Elliott May 2, 2016 at 5:14 am

    What do you expect, in B’dos the cost of living fluctuates, up and down, more up than down. But there are certain things here that more down than up, e.g. Rain, animal tails, wells, but aircrafts go up and down. Wages, salaries and pensions are a bit more static and sluggish for the ordinary folks. We aught to get use to it by now.
    Nothing will change significantly, any time soon.

  9. harry turnover May 2, 2016 at 7:04 am

    WTF….oil prices on the World market either steady or falling and the Government here raising it and where the windfall in savings going ?….10% here ,10 % there and 10 % everywhere… BUT……WHERE ?? reserves still falling…people can’t get what is owed to them….civil servants and pensioners still scrunting and everything gone haywire.
    This Government is akin to runaway diabetes……affecting every organ in society….yet they tell themselves that they are doing well.

    Around the beginning of next month ( JUNE ) people can expect a 2 to 10 cents drop in gasoline prices,however, towards the ending they should fill their tanks and any extra containers in a safe place in anticipation of an increase in July which WILL be more than the decrease in June.

  10. David Gibson
    David Gibson May 2, 2016 at 9:02 am

    i yet to see the fall in prices when oil was trading at below $40 .00 a barrel …i dont get …did’nt we by any of the cheap oil when it was available .


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