Posted: Tuesday, October 26, 2021. 4:07 pm CST.
By BBN Staff: The Ministry of Finance announced a short while ago that effective Wednesday, October 27, 2021, the pump price of premium gasoline will increase by 35 cents from $11.76 to $12.11 per gallon.
According to a release, the prices for regular gasoline, kerosene and diesel will remain unchanged at $11.82, $7.69, and $10.82 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 release noted.
The release ended by saying 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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