Guyoil announces reduction in fuel price

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The Guyana Oil Company Ltd (Guyoil) has announced a reduction in prices for Gasoline and Gasoil (LSD) with effect from Wednesday, July 10, 2018.

Gasoline has been reduced from $230/litre to $226/litre and Gasoil (LSD) From $219/litre to $215/litre.

A statement from Guyoil noted that the price reductions were possible due to declining acquisition costs and the savings are now being passed on to customers.

“Guyoil is committed to maintaining competitive prices and any savings as a result of declining acquisition cost will at all times be passed on to the customers,” Guyoil said.

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