Regionally: Fuel prices rise in Barbados

Date: 
Monday, February 6, 2017 - 10:45

Barbadians are facing an increase in fuel prices from midnight tonight, with increases in gasoline, diesel and kerosene.

The price of gasoline will move from Bds$2.78 per litre to $2.98 per litre, an increase of 20 cents per litre.

The price of diesel will rise by two cents from $2.15 to $2.17, and kerosene will now retail at $1.13, up from $1.04.Liquid petroleum gas (LPG) prices will also be adjusted from midnight, Sunday.

Liquid petroleum gas (LPG) prices will also be adjusted.

The price of the 100 lb cylinder will move from $129.28 to $147.04; the 25 lb cylinder will now retail at $41.86, up from $37.42; the 22 lb cylinder will cost $37, up from $33.10; and the 20 lb cylinder will move from $30.09 to $33.64.

The changes in price represent increases of $17.76, $4.44, $3.90 and $3.55 respectively.

A government-issued statement said the adjustments in retail prices are due solely to changes in the CIF (cost, insurance, freight) of these refined products.

SOURCE: www.barbadostoday.bb

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