Changes in petroleum prices

Barbadians will see a change in petroleum prices from midnight. The price of gasoline will decrease while the prices of diesel and Liquefied Petroleum Gas (LPG) will increase.

The retail price of gasoline will fall from $2.98 to $2.96 a litre, a decrease of two cents. The price of diesel will increase by four cents from $2.17 to $2.21 per litre, while the price of kerosene remains unchanged at $1.13 per litre.

The new retail price of the 100 lb cylinder of LPG will move from $147.04 to $153.85. The 25 lb cylinder will cost $43.56, up from $41.86, while the price of the 22 lb cylinder will be $38.50, up from $37. The price of the 20 lb cylinder moves from $33.64 to $35. These amount to increases of $6.81, $1.70, $1.50 and $1.36 respectively.

The adjustments in retail prices are due solely to changes in the CIF (cost, insurance, freight) of these refined products

12 Responses to Changes in petroleum prices

  1. Jack Ryan
    Jack Ryan March 5, 2017 at 7:21 pm

    [What] is two cents?

    Reply
  2. Christopher hill March 5, 2017 at 7:25 pm

    2 cents? This is ridiculous.

    Reply
  3. Christopher hill March 5, 2017 at 7:39 pm

    A decrease of 2cents.this is ridiculous.

    Reply
  4. Charles Atkins March 5, 2017 at 7:45 pm

    My definition of CIF is slightly different.

    Reply
  5. Peter March 5, 2017 at 7:48 pm

    This is no real saving. Went up 20cents thereabout now gone down by 2cents.

    Reply
  6. Peter March 5, 2017 at 8:14 pm

    The big news here is that there is a drop and it’s not by how much. What’s the sense? although I know it’s by two cents.

    Reply
    • Jennifer March 5, 2017 at 10:59 pm

      Lucky u diesel gone up.

      Reply
  7. Milli Watt March 5, 2017 at 8:21 pm

    my bet is down by two up by twenty next time……never fails

    Reply
  8. Richard Johnston March 6, 2017 at 7:59 am

    For this you need a government bureaucracy?

    Reply
  9. Sisleen Greene March 6, 2017 at 8:05 am

    Trick those pumps cannot be continuously calibrated without any damage. So duh barely foolomg wunnah.

    Reply
  10. truth be told March 6, 2017 at 10:47 am

    Diesel is on a slow incline to pass gasoline in the not too far future.

    Reply
  11. harry turnover March 6, 2017 at 8:01 pm

    Yeh man…we getting fooled big time jack.The price was $2.98 in February and I would bet that in April it will be more than $2.98.
    Prices as I said since last year are rising every 2 months.

    Reply

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