Changes in petroleum prices

Barbadians are now paying a bit more for gasoline and diesel and slightly less for kerosene and cooking gas.

Effective midnight, the retail price of gasoline increased by 10 cents from $3.50 per litre to $3.60.

The price of diesel moved from $2.75 per litre to $2.90 – an increase of 15 cents. The price of kerosene dipped by five cents; this is now retailing at $1.75 per litre.

Meantime, the retail price of LPG decreased in keeping with the imported price of petroleum products.

The 100-pound cylinder is now retailing at $176.52 – down $1.53.

The 25-pound cylinder now costs $49.23 – a dip of 37 cents; while the 22-pound cylinder is retailing at $43.49 – a decrease of 36 cents. The 20-pound cylinder now costs $39.53, a saving of 32 cents.

A statement from Government explained that a mechanism is in place to adjust petroleum prices in a more timely fashion, whereby prices will be adjusted monthly by the Ministry of Trade on the advice of the Division of Energy.

That mechanism is now in use and price changes will be more frequent in accordance with the imported prices of petroleum products.

22 Responses to Changes in petroleum prices

  1. Roger Manning
    Roger Manning October 20, 2014 at 8:42 am

    Prices increasing at the pump, while oil prices dropping?

  2. Prince Nick
    Prince Nick October 20, 2014 at 8:43 am

    Yet world prices are at lows

  3. Margaret Lorde
    Margaret Lorde October 20, 2014 at 8:43 am

    Just what everyone needs…to be mugged at the pump.

  4. Michael A Clarke
    Michael A Clarke October 20, 2014 at 8:55 am

    Thought prices should be coming down 🙂

  5. Francis McClean
    Francis McClean October 20, 2014 at 9:00 am

    I’m confused too. Prices is USA at significant lows. Glut in oil. Why why why

  6. 'Randall King October 20, 2014 at 9:11 am

    This pricing mechanism seems to adjust upwards only no matter if oil prices drop or not.

  7. Gail-Selina S. Hewitt-Clarke
    Gail-Selina S. Hewitt-Clarke October 20, 2014 at 9:13 am

    Somebody’s got some ‘xplainin’ to do!

  8. Glenn Damon Clarke
    Glenn Damon Clarke October 20, 2014 at 9:23 am

    So oil/gasoline prices are dropping globally but are still increasing in Barbados, I do not understand….

  9. Prince Nick
    Prince Nick October 20, 2014 at 9:25 am

    Oil prices were falling sense the beginning if summer even before that

  10. Tom Boot
    Tom Boot October 20, 2014 at 9:31 am

    World oil prices are decreasing but the Barbadian prices are increasing by leaps and bounds. Oil prices are at a four (4) low but here we are at a 7 year high. Whaloss!!

  11. Barker Antony
    Barker Antony October 20, 2014 at 9:54 am


  12. Peter Marshall
    Peter Marshall October 20, 2014 at 10:17 am

    Crude Prices have made a dramatic drop in price how come we are paying more at the pump ?

  13. Derek Bain
    Derek Bain October 20, 2014 at 10:31 am


  14. Max Carter
    Max Carter October 20, 2014 at 10:46 am

    Welcome to Barbados

  15. bernard and india walker October 20, 2014 at 11:05 am

    With the cost of a barrel of fuel dropping world wide . by 80 cents a barrel. why is your country raising it’s charge price !! answer ???

  16. Sue Ward
    Sue Ward October 20, 2014 at 11:53 am

    My next car will be the Nissan Leaf from MegaPower

  17. Curtis Brewster
    Curtis Brewster October 20, 2014 at 12:22 pm

    How de badword oil prices falling and fuel in Barbados going up???Wha madness is this!!

  18. Cherylann Bourne-Hayes
    Cherylann Bourne-Hayes October 20, 2014 at 3:36 pm

    Dropping like crazy here. $2.99 a gallon here in NC

  19. Linda Baker
    Linda Baker October 20, 2014 at 4:10 pm

    1.25 per litre, in England which equates to 3.75 bbd aprox

  20. Felicia Marshall
    Felicia Marshall October 20, 2014 at 7:41 pm

    It puzzles me how the Barbadian government calculates the cost of gas products; can anyone with this knowledge elighten us?

  21. Robert Holloway
    Robert Holloway October 20, 2014 at 9:01 pm

    ours have gone down to $1.13.5 a litre from $1.36

  22. Asiba October 21, 2014 at 7:47 pm

    somebody tricking somebody


Leave a Reply to 'Randall King Cancel reply

Your email address will not be published. Required fields are marked *