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Price of kerosene hiked by 34 cents

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Posted: Thursday, June 17, 2021. 4:47 pm CST.

By Zoila Palma: Today, the Ministry of Finance announced that effective Friday, June 18, 2021, the pump price of kerosene will increase by 34 cents from $7.07 to $7.41 per gallon.

Meanwhile, the prices for premium gasoline, regular gasoline and diesel will remain unchanged at $11.67, $10.95 and $10.51 per gallon, respectively.

The Government 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 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 said.

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