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Ministry of Finance: Prices of premium and kerosene to increase

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Posted: Friday, January 22, 2021. 2:47 pm CST.

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

The prices of premium gasoline and kerosene will register increase as follows: 

Premium gasoline will increase by 71 cents from $9.18 to $9.89 per  gallon;

Kerosene will increase by 73 cents from $5.73 to $6.46 per gallon.  

The prices for regular gasoline and diesel will remain unchanged at $9.27 and $8.74 per gallon, respectively. 

The Ministry says that 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 noted 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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