Friday, April 19, 2024

Petroleum prices for August 2022


Share post:

Consumers will pay more for petroleum products from midnight, Sunday, August 7, except for kerosene, which will be sold at $2.36, a reduction of 30 cents.

The price of gasoline will move to $4.83 per litre, an increase of 11 cents, while diesel will go up by 20 cents to $4.28.

The retail price of LPG will now be $170.87 for the 100-lb cylinder; $ 47.82 for the 25-lb cylinder; $42.24 for the 22-lb cylinder and $38.40 for the 20-lb cylinder.

Government announced the capping of the Value Added Tax on gasoline and diesel in this year’s Budget and Financial Proposal in an effort to shield consumers from the full increase of refined petroleum products.

However, in light of increasing oil prices internationally, the prices had to be adjusted upward for August. (BGIS)



Please enter your comment!
Please enter your name here

Related articles

Four arrested on drug charges

 Three Barbadians and a Venezuelan, who were caught on a vessel carrying over $8 million in cocaine and...

BAVERN looking at prospects

Some vendors in the city are hoping to get their share of the spoils as Bridgetown Market is...

Missing: Sonia Suzzette Parris

Police are seeking assistance in locating Sonia Suzzette Parris, 58, of Edey Village, Christ Church who disappeared on Wednesday night. Parris was...

Man sets himself on fire outside NY court at Trump’s trial

NEW YORK - A man set himself on fire on Friday outside the New York courthouse where Donald Trump's historic...