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 ProductUnitExisting PriceNew PricePrice Change
Unleaded GasolinePer Gallon$11.23$10.70-$0.53Decreased
Per Litre$2.47$2.35-$0.12Decreased
DieselPer Gallon$10.29$9.89-$0.40Decreased
Per Litre$2.26$2.18-$0.08Decreased
KerosenePer Gallon$6.39$6.39$0.00Unchanged
Per Litre$1.41$1.41$0.00
Liquefied Propane Gasoline (LPG)
          20 PoundPer Pound$26.68$26.47-$0.21Decreased
          22 PoundPer Pound$29.63$29.39-$0.24Decreased
          100 PoundPer Pound$182.16$181.10-$1.06Decreased
Bulk (Wholesale)Per Pound$1.69$1.68-$0.01Decreased
Per Kilogram$3.73$3.71-$0.02Decreased

 

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

 

 

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