NationNewsNewsPrice of gasoline, diesel and LPG going up

Price of gasoline, diesel and LPG going up

CONSUMERS WILL PAY more for gasoline, diesel and liquefied petroleum gas (LPG) and less for kerosene from midnight.

The retail price of gasoline will move from Bds$2.96 per litre to $2.97, an increase of one cent per litre.

The price of diesel will rise from Bds$2.21 to $2.28, an increase of seven cents and kerosene will now retail at $1.12 per litre, down from $1.13.

Meanwhile, LPG will retail at Bds$157.72 per 100 lb cylinder, up from BBD$153.85, an increase of $3.87 The price of the 25-lb cylinder is now $44.53, an increase of 97cents, while the 22-lb cylinder will now cost $39.35, an increase of 85 cents. The price of a 20-lb cylinder has moved from $35 to $35.77.

These adjustments in retail prices are due solely to changes in the CIF (cost, insurance and freight) of these refined products. (BGIS)