Kerosene prices going down, will gas prices follow?

By Aaron Humes: At midnight tonight, the pump price of kerosene will decrease by 80 cents, from $8.42 to $7.62 per gallon.

However, the prices for premium gasoline, regular gasoline, and diesel will remain unchanged at $12.49, $11.77, and $10.45 per gallon, respectively.

The Ministry of Finance reminds 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.

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