OFFICE OF THE PRIME MINISTER

Greaham Louisy Administrative Building

Tel: (758)

468.2111

Waterfront, Castries
Saint Lucia

468-2184
Fax: (758) 453.7352

Email: pm.sec@govt.lc

1 August, 2016

Press Release
Retail Prices on Petroleum Products Decrease
The Public is hereby notified that in keeping with the changes in international oil prices, the
retail prices of petroleum products have been decreased with the exception of Kerosene.
These adjustments reflect developments in international oil prices over the past three weeks,
July 4-24, 2016. Overall, there has been a reduction in fuel at the pump by $0.53 cents and $0.40
cents for gasoline and diesel respectively.

Kerosene remained unchanged at $6.39 per imperial gallon as there was no importation of
this product during the reference period. Additionally, the retail prices of the 20, 22, and 100
pound cylinders and bulk LPG will be decreased by 21 cents, 24 cents, $1.06 cents and one
cent per pound respectively.

Fuel Price Adjustments Effective Monday August 1st, 2016

Fuel
Product
Unleaded
Gasoline
Diesel

Unit

Existing
Price

New
Price

Price Change

Per Gallon

$11.23

$10.70

-$0.53

Decreased

Per Litre

$2.47

$2.35

-$0.12

Decreased

Per Gallon

$10.29

$9.89

-$0.40

Decreased

Kerosene

Per Litre

$2.26

$2.18

-$0.08

Per Gallon

$6.39

$6.39

$0.00

Per Litre

$1.41

$1.41

$0.00

Decreased
Unchanged

Liquefied Propane Gasoline (LPG)

20 Pound

Per Pound

$26.68

$26.47

-$0.21

Decreased

22 Pound

Per Pound

$29.63

$29.39

-$0.24

Decreased

100
Pound

Per Pound

$182.16

$181.10

-$1.06

Decreased

Per Pound

$1.69

$1.68

-$0.01

Decreased

Per Kilogram

$3.73

$3.71

-$0.02

Decreased

Bulk
(Wholesale)

nd

The next price change is scheduled to take effect on Monday, August 22 , 2016.

ENDS