7 News Belize

Regular Fuel May Tip Down Again
posted (December 27, 2018)

On Monday, we reported that the new price of Premium gasoline is $10.41, but that was only the initial announcement.  Within a few hours, the Ministry of Finance had made a minor adjustment and the price that went to the pump at midnight was actually $10.47 - 6 cents higher, but still an 85 cent decrease per gallon.

So, will prices continue to trend down with crude oil trading at less than 45 dollars per barrell in the US?  Our sources say, don’t count on it.  Regular gas prices may budge down, but further decreases in diesel and premium are not expected at this time.  Of course, this could change depending on what happens on the global market.




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