RESIDENTS ARE NOW paying less for liquefied petroleum gas (LPG), gasoline, diesel and kerosene.
From midnight Sunday, the prices were reduced on all four petroleum products.
According to a statement from the Division of Energy, the price of the 100 pound cylinder moved from $156.36 to $151.29, a reduction of $5.07. The 25 lb cylinder will now retail at $42.92, down from $44.19, a saving of $1.27, and the new price of the 22 lb cylinder is $37.94, a decrease of $1.11.
There has been a $1.01 reduction in the price of the 20 lb cylinder, which will now retail at $34.49.
The retail price of gasoline dropped from $3.27 per litre to $3.19 per litre and diesel moved from $2.29 per litre to $2.20 per litre.
Kerosene will now retail at $1.18 per litre, down from $1.24 per litre.
These new prices represent decreases of eight cents, nine cents and six cents per litre on gasoline, diesel and kerosene, respectively.
According to the Division of Energy, this adjustment in retail prices is due solely to an adjustment in the CIF (cost, insurance and freight) of these refined products. (BGIS)
