Premium going up, Diesel going down

By BBN Staff: Today the Government of Belize (GOB) announced its latest adjustment to the price of two types of fuel, Premium and Diesel.

Effective at midnight tonight, the price per gallon of Premium Gasoline will increase by 24 cents from $11.30 to $11.54 per gallon, while the pump price for Diesel Oil will decrease by 21 cents from $10.46 to $10.25 per gallon.

“These price changes reflect current demand and supply conditions of crude oil in the international petroleum market and the availability of refining capacity in the countries from which the refined fuel is being supplied to Belize,” GOB said.

GOB also reiterated its commitment to work with the stakeholders in the fuel industry to “safeguard” pump prices. The announcement comes just two weeks after the last announced price adjustment, which saw an increase in Diesel prices and a decrease in the price of Regular Gasoline.

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