Saturday, March 2, 2024

Gasoline price drops by 20 cents


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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)




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