The Guyana Oil Company Limited (Guyoil) has reduced the prices of its mogas (Super 95), gasoil, ultra-low sulfur diesel and kerosene with effect from October 1, 2020 at all of its service stations.
“As a national entity, Guyoil is always committed to its strategic objective of being the price stabilizer for the nation. Though the company saw no reduction in acquisition cost, Guyoil is aware of the economic challenges being faced by customers and businesses as the nation continues to battle COVID-19.” a Guyoil release noted.
The company hopes that the reduction will bring significant ease to its customers and assure the nation that they will continue to provide its product and services at competitive prices.
Price Reduction Details are as follows:
| Product | Previous Price | New Price |
| Retail | ||
| Super 95 Gasolene | $ 165 per litre | $ 155 per litre |
| Kerosene | $ 100 per litre | $ 90 per litre |
| Gasoil | $ 160 per litre | $ 145 per litre |
| ULSD | $ 218 per litre | $ 175 per litre |
| Wholesale | ||
| Super 95 Gasolene | $ 155 per litre | $ 145 per litre |
| Kerosene | $ 90 per litre | $ 80 per litre |
| Gasoil | $ 150 per litre | $ 135 per litre |
| ULSD | $ 218 per litre | $ 165 per litre |
