Prices of kerosene and diesel to increase

By Zoila Palma: Today, the Ministry of Finance announced that effective tomorrow, May 8, 2021, prices of kerosene and diesel will increase.

Kerosene will increase by 20 cents from $6.87 to $7.07 per gallon.

Diesel will increase by eight cents from $9.96 to $10.04 per gallon.

The prices for premium gasoline and regular gasoline will remain unchanged at $11.26 and $10.69 per gallon, respectively.

The Ministry 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 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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