Gasoline price drops by 20 cents

Effective midnight Sunday, December 2, the retail prices of gasoline, diesel and kerosene will decrease.

The retail price of gasoline will be adjusted from Bds $3.91 per litre to Bds $3.71 per litre, a reduction of 0.20 cents.  The price of diesel has decreased by three cents per litre, moving from $3.20 per litre to $3.17 per litre.  Kerosene will retail at $1.44 per litre down from $1.54 per litre, a reduction of 0.10 cents.

Similarly, there will be a decrease in the price of Liquefied Petroleum Gas.  The LPG 100lbs cylinder will retail for $163.07, down from $168.42, a reduction of $5.35.  The price of the LPG 25lbs cylinder will now be sold at $45.87, a decrease of $1.33.  The cost of the 22lbs LPG cylinder will drop from $41.71 to $40.53, a reduction of $1.18; and the 20lbs LPG cylinder will retail at $36.84 down from $37.91, a decrease of $1.07.

These price adjustments are in keeping with Government’s policy of allowing retail prices to be reflective of those on the international market. (BGIS)