Fuel prices go down

By BBN Staff: The Ministry of Finance announced today that on Wednesday, September 18, 2019, the pump price of three fuel products will decrease as follows:

Premium gasoline will decrease by 47 cents from $11.31 to $10.84

Regular gasoline will decrease by 19 cents from $10.12 to $9.93

Diesel oil will decrease by 17 cents from $10.04 to $9.87

The price of kerosene will remain unchanged at $7.37 per gallon.

These price decreases are attributed mainly to increased US crude oil production and that US refineries are producing significantly greater amounts of gasoline since January of this year resulting in overall gasoline stocks at healthy levels.

The Government of Belize says that they continue to monitor price movements and supply conditions closely, especially following the drone attacks on Saudi Arabia’s oil facilities this past Saturday.

The Government remains committed to working closely with the fuel industry to safeguard the pump prices paid by Belizean consumers.

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