Changes in international crude oil prices have led to lower prices for the majority of petroleum products for local consumers as of today, Monday December 21, 2015.
Diesel will be sold for $0.35 less, at $9.68 per gallon. Unleaded gasoline will be sold for $0.59 less, at $10.30 per gallon. The price of kerosene remains unchanged.
The 100lb, 22lb and 20lb cylinders have decreased by $5.49, $0.64 and $0.58, respectively. The new retail prices are as follows:
- 100lb cylinder, $174.74;
- 22lb cylinder, $27.74; and
- 20lb cylinder, $24.97.
Below is a schedule of the retail prices for petroleum products:
|
Petroleum Product
|
Existing Price
|
New Price
|
Change
|
|
Unleaded Gasoline
|
$10.89 per gallon
$2.40 per Litre
|
$10.30 per gallon
$2.27 per Litre
|
Decrease by $0.59
Decrease by $0.13
|
|
Diesel
|
$10.03 per gallon
$2.21 per Litre
|
$9.68 per gallon
$2.13 per Litre
|
Decrease by $0.35
Decrease by $0.08
|
|
Kerosene
|
$7.05 per gallon
$1.55 per Litre
|
$7.05 per gallon
$1.55 per Litre
|
Unchanged
|
|
LPG:
|
|
|
|
|
20 Pound
|
$25.55 per cylinder
|
$24.97 per cylinder
|
Decrease by $0.58
|
|
22 Pound
|
$28.38 per cylinder
|
$27.74 per cylinder
|
Decrease by $0.64
|
|
100 Pound
|
$180.23 per cylinder
|
$174.74 per cylinder
|
Decrease by $5.49
|
|
Bulk
|
$1.67 per pound
$3.69 per kilogram
|
$1.62 per pound
$3.57 per kilogram
|
Decrease by $0.05
Decrease by $0.12
|
Despite the change in prices, Government continues to subsidize the 20lb and 22lb LPG cylinders at a cost of $9.98 and $10.70 per cylinder respectively.
The next price adjustment will be on January 11, 2016.