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All-time High Crude Oil Price Affect Saint Lucian Pumps

The Public is hereby notified that in keeping with changes in international oil prices and Government’s application of the modified market pass-through petroleum pricing mechanism, the retail price of diesel and gasoline have increased as a result of global record high prices.

A barrel of crude oil is at an all-time high of USD123.16 compared to 2019 when cost per barrel peaked at USD64.30. The Government is now subsidising gasoline at $0.44 per gallon and receives an excise tax of $1.27 for diesel.

The price for LPG 20, 22 and 100 lb cylinders has decreased. The Government continues to subsidise the 20 and 22 lb cylinder by $26.15 and $28.76 respectively. The retail price of kerosene remains unchanged. The price changes take effect from Monday, June 13, 2022.

Gasoline increased from$3.51 to $3.95per litre or$15.95 to $17.95 per gallon

Kerosene remains unchanged at $3.74 per litre or$16.98 per gallon

Diesel increased from $3.65 to $3.95per litre or from $16. 58 to $17.95per gallon

20 Pound Cylinder (9.07 kg)decreased from $43.84 to $43.78per cylinder

22 Pound Cylinder (9.98 kg)decreased from$48.22 to $48.16per cylinder

100 Pound Cylinder (45.36kg)decreased from$350.17 to $349.64per cylinder

The Public is informed that the next adjustment of the retail price of fuel products will be on Monday, July 4, 2022.

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