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Regular Gasoline and Diesel Sees Slight increases in their Pump Prices

There’s bad news for motorist tonight, because come midnight the prices for regular gasoline and diesel will see an increase. The Ministry of Financed announced earlier today the pump price of regular gasoline will increase by thirty three cents from eleven dollars forty nine cents to eleven dollars eighty two-cent per gallon. And, the pump price for diesel will increase by twelve cents jumping from ten dollars seventy cents to ten dollars eighty two cents per gallon. However, the prices for premium gasoline and kerosene will remain unchanged. The reason for the price hike, according to the government, is attributed to the 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.