Consumers will pay more for gasoline, diesel and kerosene, but less for liquefied petroleum gas (LPG) products, effective midnight, Tuesday, November 8.
The price of gasoline will be $4.23 per litre, an increase of nine cents, while diesel will go up by 13 cents to $4.03 per litre, and kerosene will move to $2.42, an increase of 28 cents.
The retail price of LPG will now be $167.66 for the 100-lb cylinder; $ 47.01 for the 25-lb cylinder; $41.54 for the 22-lb cylinder and $37.76 for the 20-lb cylinder.
Government has capped the retail prices of gasoline and diesel at $4.48 per litre and $4.03 per litre, respectively, to bring some level of predictability to the retail prices, and shield consumers from the full increase of refined petroleum products. (BGIS)