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Government announces change in gas prices

Posted: Tuesday, October 22, 2019. 6:56 pm CST.

By BBN Staff: The Ministry of Finance announced that effective midnight, pump prices of three fuel products will change.

The prices for premium gasoline and diesel will register increases while regular gasoline will register a decrease as follows:

Premium gasoline will increase by 38 cents from $10.59 to $10.97 per gallon;

Regular gasoline will decrease by 22 cents from $10.27 to $10.05 per gallon; and

Diesel will increase by 8 cents from $10.01 to $10.09 per gallon.

The price for kerosene will remain unchanged at $7.42 per gallon.

The Ministry says that the price changes reflect current demand and supply conditions of crude oil in the international petroleum market and fluctuations in the acquisition price of refined fuel products in the countries from which Belize obtains its supplies.

The Government of Belize is monitoring the price movements and supply conditions closely and will work with the fuel industry to safeguard the pump prices paid by Belizean consumers.


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