Major reduction in gas, diesel prices announced
The Guyana Oil Company Ltd (GUYOIL) on Friday announced reduced prices for Gasolene and Gasoil (LSD) with effect from 14:00 hrs.
Gasolene has been reduced by $10.00 per litre while Gasoil (LSD) has been reduced by $14.00 per litre.
The reduced price for Super 95 Gasolene and Gasoil are as follows:
| RETAIL | PRICE BEFORE | NEW PRICE |
| SUPER 95 GASOLENE | $224/Liter | $214/Liter |
| GASOIL (LSD) | $217/Liter | $203/Liter |
| WHOLESALE | ||
| SUPER 95 GASOLENE | $214/Liter | $204/Liter |
| GASOIL (LSD) | $207/Liter | $193/Liter |
These price reductions were possible due to lower acquisition cost, the company said.
GUYOIL said it is always cognizant of its role in the Guyana economy and continuously strive to ensure that quality petroleum products are provided at excellent prices.
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