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GOB Announces Small Price Decrease in Diesel Fuel

The Government of Belize has announced that effective midnight tonight, the pump price of diesel fuel will be decreasing by three cents. The Ministry of Finance notes that the pump price for diesel will be decreasing from ten dollars sixty-five cents to ten dollars and sixty-three cents per gallon. The pump prices of kerosene, premium and regular gasoline remain unchanged. The reason for the small decrease according to the ministry reflects 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].