Latest update November 21st, 2024 1:00 AM
Gas price hiked by $10 from today
The Guyana Oil Company (GuyOil) is to hike gas price by $10 today as world prices
GuyOil has announced a $10 price hike for Gas from today.
continue to rise.
According to the state-owned entity yesterday, in justifying the hike, the world market price for oil has demonstrated positive indications that there is an upward trend in the acquisition cost for fuel, which from all indications may continue its upward path.
“The Caribbean has not been insulated from this movement which was demonstrated recently by movement in acquisition cost from our suppliers in Trinidad.”
GuyOil stressed that it has always sought to make petroleum products available to the Guyanese population at prices better than the competition, which has once again been demonstrated in its delayed price review.
“However, consistent with the trend in the world market, Guyoil wishes to announce a movement in prices at its pumps with effect Sunday June 5, 2016…”
Similar Articles
THE BLUNT OF THE DAY
Sports
Features/Columnists
Bureaucracy gone bananas!
…Peeping Tom kaieteur News- Every morning, the government wakes up, stretches its arms, and spends one billion dollars... more
Rising Gun Crimes in the Caribbean: Urgent Action required by all
By Sir Ronald Sanders Kaieteur News – There is an alarming surge in gun-related violence, particularly among younger... more
Weekend Cartoon
