Increase in petroleum prices

Barbadians began paying more for gasoline, diesel, kerosene and liquefied petroleum gas from midnight last night.

The new retail price of gasoline is now Bds$3.18 per litre, up from $2.94. The price of diesel moved from $2.13 per litre to $2.37, while the price of kerosene is now $1.08 per litre, up from $1.05. These represent increases of 24 cents per litre for gasoline and diesel, and three cents per litre for kerosene.

The retail prices of LPG have been adjusted from Bds$144.38 to $153.42 per 100 lb cylinder, an increase of $9.04; from $41.19 to $43.46 per 25 lb cylinder, an increase of $2.27; from $36.42 to $38.41 per 22 lb cylinder, an increase of $1.99; and from $33.11 to $34.91 per 20 lb cylinder, an increase of $1.80. (BGIS)

2 Responses to Increase in petroleum prices

  1. Milli Watt July 1, 2017 at 11:18 am

    so it begins………this is going to be a wild ride!

    Reply
  2. Richard Johnston July 2, 2017 at 1:23 am

    Why does Barbados need to pay bureaucrats public money to do something the market accomplishes naturally o its own?

    Reply

Leave a Reply

Your email address will not be published.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