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Diesel goes up by 53 cents

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Posted: Friday, March 12, 2021. 3:27 pm CST.

By Zoila Palma: Today, the Ministry of Finance announced that effective midnight, the pump price for diesel will increase by 53 cents from $9.62 to $10.15 per gallon.

Prices for premium gasoline, regular gasoline and kerosene will remain unchanged at $10.40, $10.06 and $6.75 per gallon, respectively.

The Ministry noted that the price change reflects the 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,” a statement from the government press office noted.

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