Changes in the Pump Price of Fuel Effective March 12, 2020

Belmopan. March 11, 2020.  The Ministry of Finance announces that on Thursday, March 12, 2020, the pump price of two fuel products will change.

 The prices for premium gasoline will register an increase and diesel will register a decrease as follows:

 Premium gasoline will increase by 52 cents from $ 10.40 to $ 10.92 per gallon;

Diesel will decrease by 60 cents from $9.84 to $9.24 per gallon.

 The prices for regular gasoline and kerosene will remain unchanged at $10.23 and $6.62 per gallon, respectively.

 These price changes reflect 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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