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)

Source: BGIS

22 Responses to Petrol prices drop

  1. Sebastian Da Costa
    Sebastian Da Costa September 4, 2016 at 7:08 pm

    Government should just keep the price up and use the money to save BArbados

    Reply
    • Leroy September 4, 2016 at 11:47 pm

      Thats what they hv been doing all along unsuccessfully. Few months ago, gov stated they had a 300 mil foreign $ savings bc the price of oil on intl markets were at the lowest in years,,now imagine if oil had stayed at over usd $100 a barrel instead,,we would be all eating rocks by now. What needs investigating is why are we paying more now or the same as we were when oil was at $125 a barrel and oil is at $45 now?? And these fools in gov are hell bent on selling bntcl if they havent already, why would gov allow a private company to entirely control the purchase and selling of oil, not to mention if bl&p has an interest in bntcl, bl&p can generate increased profits simply by manipulating the price of oil without even touching the kw/hr price.

      Reply
  2. Kevin Gibson
    Kevin Gibson September 4, 2016 at 7:08 pm

    It’s still the highest around!

    Reply
  3. Geeta Hiralal
    Geeta Hiralal September 4, 2016 at 7:16 pm

    So wait they drop it 3 cent and next month they carrier it up more high again…

    Reply
  4. John Wick
    John Wick September 4, 2016 at 7:35 pm

    They probably will drop it again remember elections coming up

    Reply
  5. Roachy Roachford
    Roachy Roachford September 4, 2016 at 7:40 pm

    3 cents?stupse

    Reply
  6. Zabeeda Abdool
    Zabeeda Abdool September 4, 2016 at 7:41 pm

    Lol…

    Reply
  7. Tristan John
    Tristan John September 4, 2016 at 7:41 pm

    @Geeta, actually…the last fuel adjustment was a decrease and people were saying the
    same thing then lol

    Reply
  8. Jack Ryan
    Jack Ryan September 4, 2016 at 7:47 pm

    I still ain’t seeing a change at the pumps…who chks to see if that is done

    Reply
    • Wayne T Griffith
      Wayne T Griffith September 4, 2016 at 10:11 pm

      The story says the price change is effective at midnight. Maybe you should check after 12:00am.

      Reply
      • harry turnover September 5, 2016 at 7:32 am

        Gasoline in September is selling at $2.82 per litre in Barbados.
        I want to know what was the price in JANUARY not up or down from last month to confuse people into thinking they got a REAL decrease.

        Reply
  9. Jay Manny
    Jay Manny September 4, 2016 at 7:54 pm

    3 cent drop, with a 2% increase

    Reply
  10. Michael A Clarke
    Michael A Clarke September 4, 2016 at 8:02 pm

    Oh shoot ,a whole 3cents a litre off gas . I will fill up tomorrow

    Reply
  11. Abiola Yearwood
    Abiola Yearwood September 4, 2016 at 11:00 pm

    Stupees

    Reply
  12. Maria Leclair Dasilva
    Maria Leclair Dasilva September 4, 2016 at 11:11 pm

    It’s amazing what some people will notice…

    Reply
  13. Phil September 4, 2016 at 11:33 pm

    A whopping o.03 cents. How much further will my car go? 10 feet? Boy dem really tink we is jackasses. Oh Barbados Today Thank you for that breaking news on petrol price drop. Although I know you all not going to show this comment. I think you all sucking up to dem.

    Reply
  14. Denise Blackman
    Denise Blackman September 4, 2016 at 11:49 pm

    Last time it went up by 8 cents, stupeeeez 3 cents . God please help us.

    Reply
  15. James Austin Bynoe
    James Austin Bynoe September 5, 2016 at 1:14 am

    They playing with your minds people … Smh

    Reply
  16. Steve L. Jemmott
    Steve L. Jemmott September 5, 2016 at 3:35 am

    Is three cents recognizable anymore?, thought with the new “approx.” calculation and no-cent distribution , we go straight to five cents., in other words; will I get two cents back?

    Reply
  17. harry turnover September 5, 2016 at 7:37 am

    @ Wayne T. Griffith… Yes !!..tell him to check this morning…but there is no such thing as 12.00 am or 12.00 pm.
    It is either 12 NOON or 12 MIDNIGHT.

    Reply
  18. BoboTheClown September 5, 2016 at 9:20 am

    Ha ,Ha, Ha,a Gotch ya moment .Let’s give it 5 months. It will go up six cents . 50% is still half the last time i checked . Try buying a mint for for 3 cents, or anything for that matter.
    Big sign on gas station .Big Sale On . Save 3 cents per gal.
    Ha,Ha . Good grief.

    Reply
  19. Alex Alleyne September 5, 2016 at 12:38 pm

    Let us all just take it as “high noon”………could be day or night.

    Reply

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