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Regular, diesel and kerosene fuels see price hike at midnight

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Posted: Tuesday, December 17, 2019. 3:28 pm CST.

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

The price for regular gasoline, kerosene and diesel will register increases as follows:

Regular gasoline will increase by 1 cent from $10.05 to $10.06 per gallon; kerosene will increase by 16 cents from $7.35 to $7.51 per gallon and diesel will increase by 16 cents from $9.90 to $ 10.06 per gallon.

The price for premium gasoline will remain unchanged at $10.74 per gallon.

These 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 says that it 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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