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Premium and Regular gas prices hiked!

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Posted: Friday, May 14, 2021. 7:52 pm CST.

By Zoila Palma: Today, the Ministry of Finance informed that effective Saturday, May 15, 2021, the pump price of premium and regular gas will increase.

Premium gasoline will increase by 28 cents from $11.26 to $11.54 per gallon; regular gasoline will increase by 26 cents from $10.69 to $10.95 per gallon.

The prices for kerosene and diesel will remain unchanged at $7.07 and $10.04 per gallon, respectively.

The Ministry says 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 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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