Premium gas registers 98 cent increase

By BBN Staff: The Ministry of Finance announced that effective July 3, 2020, the pump price of three fuel products will change.

The prices for premium gasoline will register an increase and regular gasoline and diesel will register decreases as follows:

Premium Gasoline will increase by 98 cents from $ 8.23 to $ 9.21 per gallon;

Regular Gasoline will decrease by 27 cents from $ 8.84 to $ 8.57 per gallon;

Diesel will decrease by 18 cents from $7.79 to $7.61 per gallon.

The prices for kerosene will remain unchanged at $ 5.43 per gallon, respectively.

The Government 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 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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