Grenada: Price reduced for 100 Lb cylinder of cooking gas

Grenadians can look forward to paying less for a 100 Lb cylinder of cooking gas and no increase for a 20 Lb, but will have to pay a slight increase at the pump for gas, diesel and kerosene.  

The Ministry of Finance says effective, Monday, November 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.  

Petroleum Product Prices of Gasoline, Diesel, and Kerosene within the Tri-Island State of Grenada are fully harmonised 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 October 15, 2024, to November 12, 2024.   

Petroleum products are price-controlled goods; therefore, no retailer shall vary the stated prices.