Published On: Thu, Jun 27th, 2013

Prices of oil products will go down drastically

gas-nozzlesWILLEMSTAD – Prices of oil products will be drastically reduced on July 1 of this year. This is according to the developments on the international oil market. According to our news partners Notisia 360, prices should have gone down last month but since the Department of Telecommunication, Post and Utilities, which is the price regulator, uses last month’s invoices to calculate the new prices for the following month. The current price adjustment is based on May’s invoices. July’s price adjustment is based on June’s invoices.

According to our media partners, gas prices will be reduced with 13 cents per liter, diesel with 20 cents per liter, electricity with 2.38 cents per kilowatt/hour and water with 1.18 cents per cubic meter. Prices for propane gas will stay the same.

These prices will be officially announced during the course of the day.

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