Effective today Monday, August 17, 2015, citizens will enjoy a slight reduction in what they pay for fuel and petroleum products, the Ministry of Trade has announced.
There will be a 54 cents reduction at the pumps for gasoline with the new price set at $12.76 per gallon. The previous price was $13.30.
Prices on Diesel, Kerosene and Liquefied Petroleum Gas (LPG), will also be reduced.
Diesel will see a reduction of 66 cents and Kerosene 62 cents.
Diesel was $10.72 per gallon and the new price is now $10.06 per gallon
Kerosene was $9.23 per gallon and the new price is now $8.61 per gallon.
Liquefied Petroleum Gas (LPG) will see decreases of six cents on the 20-pound cylinder, nine cents on the 27.5-pound cylinder and 30-pound cylinders and 30 cents drop on the 100-pound cylinder.
The new prices for LPG are:
-20 lbs Cylinder was $23.96, now $23.90,
-27.5 lbs cylinder was $32.57, now $32.48.
-30 lbs cylinder was $35.43, now $35.34.
-100 lbs cylinder was $114.78, now $114.48.
The price of oil has been dropping significantly on the international market, hitting a six-year low of $43.08 a barrel in recent days.