Concerns regarding the weakening world economy are particularly impacting Diesel and Kerosene prices. This is according to the Organization of the Petroleum Exporting Countries announcements regarding production cuts add to the concerns albeit in this case making forwarded pricing higher.
Prime Minister Fiame Naomi Mata’afa, who is Acting Minister of Finance advised that the following changes in the Retail Petroleum Products Prices will apply from 1st May 2023.
- Petrol will increase by 1 sene per litre from $3.26 to $3.27
- Diesel will decrease by 25 sene per litre from $3.56 to $3.30 per litre
- Kerosene will also decrease by 27 serie per litre from $3.20 to $2.93 per litre.
