The Guyana Oil Company yesterday announced that with effect from today, there will be an adjustment in the price of kerosene by $5.00 per litre at all of its service stations.
Kero prices are set to be increased by $5 today by GuyOil.
This adjustment, GuyOil said, will see the price moving from $90 per litre to $95 per litre in Georgetown; and from $91 to $96 per litre in Berbice and $92.00 per litre to $97.00 per litre in Essequibo.
“Despite our efforts to keep the price for this important commodity as affordable as possible, this adjustment has become necessary due to an increase in acquisition cost at source,” the entity said.
“Significantly, however, despite this minor adjustment, GuyOil wishes to advise you our valued customers, that our kerosene prices remain significantly lower than the competition in all the regions.