Government announces diesel price increase

By Aaron Humes: Midnight Tuesday will see an increase in the price of diesel fuel from $10.34 to $10.70 – a 36-cent increase.

The Ministry of Finance states 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.

Prices for premium gasoline, regular gasoline, and kerosene – currently at $11.76, $11.49, and $7.64 per gallon, respectively – remain unchanged.

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