SVG to get slight relief in price of petroleum products

By Rumi Samuel Published on January 24, 2022
SVG to get slight relief in price of petroleum products

Today, Monday, January 24, Vincentians will get a slight relief when they go to the pump for gasoline, diesel, and low sulfur diesel.  

Prime Minister Dr Ralph Gonsalves stated this today while speaking on WEFM 99.9, noting he announced in advance of the official announcement on January 24.   

“Finally, we see a drop in the rolling three-month average of the petroleum products, and therefore, persons will get a slight relief as of tomorrow (January 24) in gasoline and diesel and low-sulfur diesel.  

Not significant numbers, but it is good to see after the three-month rolling average, to make the assessment, the Ministry of Finance gave it that it’s coming down a little,” says Gonsalves.

He says the current gasoline price is $14.72 per gallon, diesel is $12.59, and low sulfur diesel is $12.51.  

“Each of them will go down slightly tomorrow,” says the prime minister.  

Gonsalves noted that 90 per cent of minibuses use diesel in St Vincent and the Grenadines.

Rumi Samuel

Rumi Samuel

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