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Prices of Regular and Kerosene see slight decrease

Posted: Monday, July 9, 2018. 4:24 p.m. CST.

By BBN Staff: Today, the Belize Bureau of Standards informed of a decrease in the prices of Regular and Kerosene gas.

This is the second decrease in fuel prices for this year after consistent increases in prices.

Regular now goes from $11.02 to $10.89, with a 13 cent decrease.

Kerosene goes from $8.64 to $8.21 with a 43 cent decrease.

All other prices remain the same.

Belizeans had expressed concern after the constant increase in fuel prices and the government of Belize had indicated that recent increases in fuel prices were due exclusively to the global acquisition costs for fuel, which had skyrocketed in recent months.

However, since world oil prices are reducing, Belizeans can expect to see a decrease in pump prices with the next shipment, GOB had previously announced.

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