Petrol prices drop
Consumers will pay less for gasoline, diesel and kerosene, and more for liquefied petroleum gas (LPG) from midnight tonight.
The retail price of gasoline will move from Bds$2.85 per litre to $2.82, a decrease of three cents per litre. The price of diesel will drop from Bds$2.04 to $1.95, a saving of nine cents. Kerosene will now retail at 90 cents per litre, down from 98 cents.
Meanwhile, liquefied petroleum gas (LPG) will retail at Bds$137.95 per 100 lb. cylinder, up from BBD$135.27, an increase of $2.68 The price of the 25 lb. cylinder is now $39.50, an increase of 58 cents, while the 22 lb. cylinder will cost $34.92, an increase of 51 cents. The price of a 20 lb. cylinder has moved from $31.28 to $31.75, a 47 cents increase.
These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products. (BGIS)