Grenada: Price goes down for gasoline and 100 Lb cooking gas

Grenadians will pay a bit less at the pump for gasoline, less for a 100 Lb cylinder of cooking gas but a little more for diesel.  

The Ministry of Finance in its latest Petroleum Products Price Notice says effective, Saturday, May 18, 2024 the retail prices of petroleum products (Gasoline, Diesel, Kerosene and Liquefied Petroleum Gas, (LPG), commonly known as, Cooking Gas) in the State of Grenada will be as follows:  

The Ministry of Finance says it continues to monitor petroleum product prices and will intervene as necessary if prices exceed $17.  

It says Petroleum Product Prices of Gasoline, Diesel, and Kerosene within the Tri-Island State of Grenada are fully harmonsed in line with statements made by the Minister of Finance in the 2023 Budget Speech.  

The new retail prices are computed based on the average of the actual cost, freight, and insurance rates for Gasoline, Diesel, and Kerosene however, for LPG, the mean Caribbean postings (Platts) for cost was used over the period April 16, 2024, to May 8, 2024