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Pump price of regular gasoline to increase by 11 cents

Posted: Friday, October 8, 2021. 3:10 pm CST.

By BBN Staff: The Ministry of Finance announced a short while ago that effective Saturday, October 9, 2021, the pump price of regular gasoline will increase by 11 cents from $11.38 to $11.49 per gallon.

According to a press release from the Ministry, the prices for premium gasoline, kerosene and diesel will remain unchanged at $11.76, $7.64, and $10.34 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 Ministry added that 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.

 

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