Ministry of Energy and Business Refutes 'Fake News' on Petroleum Price Adjustment, Issues Current Prices and Advisory | February 17, 2024

The Ministry of Energy and Business (MEB) has described as “fake news” information circulating on social media platforms claiming that there has been a price adjustment for petroleum products, dated February 17, 2024.

The Ministry has advised that the last price adjustment for petroleum products was September 3, 2023, while liquid petroleum gas (LPG) products were changed on October 15, 2023.

The current prices for petroleum products are gasoline – $4.22 per litre; diesel – $3.47 per litre; and kerosene – $1.99 per litre. The current prices for LPG products are $153.70 for the 100-lb cylinder; $43.52 for the 25-lb cylinder; $38.47 for the 22-lb cylinder; and $34.97 for the 20-lb cylinder.

Members of the public are encouraged to be vigilant and to verify any information they receive from official sources, before sharing it with others. The MEB will continue to update the public on any developments regarding the pricing of petroleum products through the Barbados Government Information Service (BGIS) and other official media channels. (SA/BGIS)