Starting tomorrow, December 1, 2024, the prices of various fuel and Liquefied Petroleum Gas (LPG) products will see an increase. The price of motor spirit will rise by 5 cents, bringing the cost per litre from $2.62 to $2.67. Similarly, the price of premix fuel will increase from $2.43 to $2.51 per litre.
In addition to these changes, kerosene will see a 7-cent hike, changing its price from $1.67 to $1.74 per litre, while diesel will increase from $2.18 to $2.27 per litre. On the LPG side, the cost of a 4.5 kg gas cylinder will go up from $14.97 to $15.35, and the price for a 12 kg cylinder will rise by $1.01, from $39.91 to $40.92.
Moreover, bulk gas prices will increase by 8 cents, from $3.08 to $3.16, and the price of autogas will climb from $2.16 to $2.22 per litre.
While price increases can be challenging for consumers, it’s essential to recognize the global trends affecting fuel costs and the continued push towards more sustainable energy solutions. As the market evolves, these price adjustments may also spur advancements in alternative energy usage and efficiency.
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