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Gasolene Prices Up, Cooking Gas Down

THE cost of some petroleum products increased while others decreased in the latest government adjustment of prices which took effect yesterday.

An official statement said that despite the reductions in liquid petroleum the government continued to subsidize the 20lb. and 22lb. cylinders of gas.

It said that while prices on the international crude oil market had been trending downwards in recent days, increases were recorded in the landed cost of gasolene and diesel in the domestic market during the reference period, that is, June 8 to June 28, 2015. However, based on information provided by the importers, lower fuel prices were expected for the next price adjustment scheduled for August 17

Under the new prices announced yesterday, unleaded gasolene went up by four cents per litre and 17 cents per gallon, from $2.93 to $2.97 and from $13.33 to $13.50 respectively.

Diesel also went up from $2.44 to $2.54 per litre and from $11.09 to $11.53 per gallon.

The prices of kerosene remained unchanged at $1.82 per lire and $8.27 per gallon.

Liquid petroleum gas fell from $27.15 to $22.71 for the 20lb. cylinder, $31.86 to $30.10 for 22lb. cylinder and from $205.55 to $197.74 for the 100lb. cylinder.

Bulk petroleum gas also decreased from $4.27 to $4.09 per litre and $1.93 to $1.85 per pound.

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