Petroleum Prices Increase For The Sixth Consecutive Time Since March

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Gasoline at the pumps in Grenada increase for the sixth consecutive month.

The new prices take effect today, based on the routine monthly adjustments.

According to the Energy Division, the price of gasoline on mainland Grenada will now be sold at 16 dollars and 42 cents per gallon, 6 cents up from the old price 16.36.

Diesel goes down 12 cents to 14 dollars and 42 cents from 14.54.

Kerosene goes down 15 cents to 8.83 per gallon.

The price per 20-pound cylinder of cooking gas remains stable at 40 dollars for the Rubis product and 37 for the Petro Caribe on the mainland, the 100-pound cylinder goes down from 213 dollars and 75 cents to 211 dollars and 50 cents, a margin of 2 dollars and 25 cents.

Bulk remains at 2 dollars and 20 cents.

In Carriacou and Petite Martinique, just like on the mainland, the price for the 20-pound cylinder of cooking gas remains unchanged…49 dollars for the Rubis tank and 46 for Petro Caribe.

The 100-pound cylinder however, decreases to 234 dollars and 50 cents, down from 236.75.

Like on mainland Grenada, Bulk will be sold for 2 dollars and 20 cents.

In Carriacou gasoline at the pumps will be sold for 16 dollars and 61 cents per gallon, up 7 cents from the old price.

Diesel moves from 14.72 to 14.60 and Kerosene from 9.17 to 9.02.

In Petite Martinique, the price of gasoline also goes up 7 cents to 11 dollars and 11 cents…Diesel from 9.22 a gallon to 9.10 and Kerosene decreases to 9 dollars and 02 cents from 9.17.

The Energy Division says the retail prices are computed based on the average Freight On Board costs…the Ex-refinery prices for the period, 13th July to 13th August, 2021.

Consumers are strongly encouraged to immediately notify the Price Control/Consumer Affairs Unit in the Ministry of Finance, of any instance of over-pricing.

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