Retail gasoline to fall below EC$10 per gallon July 1

By Demion McTair. Updated 11:04 p.m., Monday June 29, 2020, Atlantic Standard Time (GMT-4).

Kingstown, St. Vincent (ONE NEWS SVG) – The suggested retail price of gasoline at the pumps will fall from EC$10.47 to EC$9.62 per gallon on Wednesday, July 1, 2020.

The Ministry of Foreign Affairs, Trade and Commerce said today (June 29), that prices of diesel and low sulfur diesel will also fall at the retail and wholesale levels.

For suggested retail price, diesel will fall from EC$9.30 per gallon to EC$8.56, a change of EC$0.74 cents per gallon.

For low sulfur diesel, the suggested retail price will fall from EC$9.29 to EC$8.55 per gallon, a difference of $EC$0.74 cents per gallon.

The wholesale price of gasoline will drop from EC$9.71 to EC8.86 per gallon, an EC$0.85 cents per gallon difference.

Wholesale diesel will fall from EC$8.64 to $EC$7.90 per gallon, an EC$0.74 cents difference.

Wholesale low sulfur diesel will fall from EC$8.63 to EC$7.89 per gallon, an EC$0.74 cents difference.