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Price of Kerosene goes up at midnight

Posted: Friday, July 9, 2021. 3:46 pm CST.

By Benjamin Flowers: The Ministry of Finance (MOF) announced today that the price of Kerosene will be going up as of midnight.

The MOF said that on Saturday, July 10, the pump price of kerosene will increase by 21 cents, from $7.41 to $7.62 per gallon.

The prices for premium gasoline, regular gasoline, and diesel will remain unchanged at $11.64, $10.99, and $10.59 per gallon, respectively.

“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 MOF said.

The announcement comes just two days after the last price adjustment for fuel, which saw changes to the price of Premium and Regular fuel.

This latest price increase represents the 19th price adjustment for 2021 and the second adjustment for the month of July.

 

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