Retail prices for petroleum products go down

Retail prices for petroleum products go down

PRESS RELEASE:- The Public is hereby notified that in keeping with the changes in international oil prices, the retail prices of petroleum products have been decreased with the exception of Kerosene.

These adjustments reflect developments in international oil prices over the past three weeks, July 4-24, 2016. Overall, there has been a reduction in fuel at the pump by $0.53 cents and $0.40 cents for gasoline and diesel respectively.

Kerosene remained unchanged at $6.39 per imperial gallon as there was no importation of this product during the reference period. Additionally, the retail prices of the 20, 22, and 100 pound cylinders and bulk LPG will be decreased by 21 cents, 24 cents, $1.06 cents and one cent per pound respectively.

Fuel Price Adjustments Effective Monday August 1st, 2016
Fuel Product Unit Existing Price New Price Price Change
Unleaded Gasoline Per Gallon $11.23 $10.70 -$0.53 Decreased
Per Litre $2.47 $2.35 -$0.12 Decreased
Diesel Per Gallon $10.29 $9.89 -$0.40 Decreased
Per Litre $2.26 $2.18 -$0.08 Decreased
Kerosene Per Gallon $6.39 $6.39 $0.00 Unchanged
Per Litre $1.41 $1.41 $0.00
Liquefied Propane Gasoline (LPG)
          20 Pound Per Pound $26.68 $26.47 -$0.21 Decreased
          22 Pound Per Pound $29.63 $29.39 -$0.24 Decreased
          100 Pound Per Pound $182.16 $181.10 -$1.06 Decreased
Bulk (Wholesale) Per Pound $1.69 $1.68 -$0.01 Decreased
Per Kilogram $3.73 $3.71 -$0.02 Decreased

 

The next price change is scheduled to take effect on Monday, August 22nd, 2016.

 

 

Related Articles

11 Comments

  1. Anonymous
    August 1, 2016 at 9:00 am Reply

    Sad but true, or is it [REMOVED BY ADMIN] thing to say. The last time the price went up you had a lot to talk about.

    1. Anonymous
      August 1, 2016 at 9:27 am Reply

      What’s your point. It went up twice beira it went down. Do you think chastenet has a say? (Expression removed)

  2. Anonymous
    August 1, 2016 at 12:37 pm Reply

    This is what happens on the world market but this sad but true fella has nothing to say now

    1. Sad-But-True
      August 1, 2016 at 1:59 pm Reply

      Bossman, your Lying long-nose UWP Prime Minister, along with his poodle, were the ones who gathered the Poor, Illiterate Black Supporters and protested during our Supreme Reign against the skyrocketed price of fuel. They made it appear that Our One And Only Supreme Leader, DR.Kenny D Anthony had discovered, was Refining and pumping oil from St. Lucia and thus was increasing the cost. But now you are now discovering that your inferior UWP Prime Minister was all along lying to you.
      You need to now ask him for you ‘5 to stay alive kit.’ The last one who got hers was Sarah Flood. She can once again afford all the things she dreamt of having. Lol. And look at You. Lol

      1. John
        August 1, 2016 at 4:49 pm Reply

        Supreme leader. Ok slave

    2. Blindspot
      August 2, 2016 at 9:56 am Reply

      Why do you’ll summon the dead? SMH All of you’ll complain when he comments, when he doesn’t comment you’ll asking for him. Geez man make up you’ll mind!!

  3. Anonymous
    August 1, 2016 at 12:57 pm Reply

    Sad but true is a lady

  4. Sad-But-True
    August 1, 2016 at 1:48 pm Reply

    Thanks to the SLP for working out such a Price Equation for us all to benefit. We take care of this Nation even out of office.

  5. Anonymous
    August 1, 2016 at 3:28 pm Reply

    You’ll will die in you’ll sleep everyday you’ll party harks has something to say about our country you want to see it go down but if it go down all of us go down to stop this and let us all pray for our country and let us love one another god is coming soon hop he don’t get us in this mess

  6. Clifton Alexakis
    August 17, 2016 at 7:27 am Reply

    Much of the volatility in gasoline prices in recent months has been the result of the steady increase in crude oil prices. Crude oil prices have nearly doubled in the last year, an increase equivalent to about 35 cents per litre. While the cost of crude oil represents only one portion of the retail price of petroleum products such as gasoline, rising crude oil prices are the single most important factor behind recent increases in petroleum product prices.

  7. Anonymous
    October 4, 2016 at 1:04 pm Reply

    my experience working off shore is the price of crude can change at any moment sometimes government takes a loss but you don’t hear them crying about it,why don’t all you nerds realize this it all equals out in the end.stop your fussen missy.

Leave a Reply

Shares