Changes in petroleum prices

Consumers will pay more for gasoline, diesel and kerosene, but less for liquefied petroleum gas (LPG) products, effective midnight, Sunday, February 5.

The price of gasoline will be $3.94 per litre, an increase of four cents, while diesel will go up by 11 cents to $3.65 per litre.  Kerosene will move to $2.25 per litre, an increase of 35 cents.

The retail price of LPG will now be $154.38 for the 100-lb cylinder; $43.70 for the 25-lb cylinder; $38.62 for the 22-lb cylinder and $35.11 for the 20-lb cylinder.

Government 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. (PR)

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