Posted: Thursday, December 10, 2020. 4:01 pm CST.
By BBN Staff: The Ministry of Finance announced that at midnight tonight, the pump price of two fuel products will change.
The prices for regular gasoline and kerosene will register increased as follows:
Regular Gasoline will increase by 48 cents from $8.61 to $9.09 per gallon;
Kerosene will increase by 1 dollar from $4.73 to $5.73 per gallon.
The prices for premium gasoline and diesel will remain unchanged at $9.49 and $8.11 per gallon, respectively.
The Ministry noted 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 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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