Barbadians to pay more at the pump
Mon, 10/03/2016 - 12:00am
Consumers will pay more for gasoline, diesel and kerosene, and less for liquefied petroleum gas (LPG).
As of midnight yesterday, the retail price of gasoline moved from Bds$2.82 per litre to $2.91, an increase of nine cents per litre.
The price of diesel is up from Bds$1.95 to $2.09, 14 cents more. Kerosene will now retail at $1.05 cents per litre, up from 90 cents.
Meanwhile, liquefied petroleum gas (LPG) will now retail at Bds$135.16 per 100 lb. cylinder, down from Bds$137.95, a decrease of $2.79.
The price of the 25 lb. cylinder is now $38.89, a decrease of 61 cents, while the 22 lb. cylinder will cost $34.39, down by 53 cents. The price of a 20 lb. cylinder has moved from $31.75 to $31.26, a 49 cents saving.
These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products.