Guyana’s Government slashes gas, diesel prices at GUYOIL

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    (Photo Credit: Chris Jackson - Pool/Getty Images)

    Guyana’s government has slashed the cost of gasoline and diesel from the Guyana Oil Company Limited, in a bid to bring further relief to persons across the country.

    In a statement on Saturday, the Finance Ministry said the price of gasoline will be reduced by 20% from $269 per litre to $215 per litre.

    For perspective, the reduced price is equivalent to just under $7 TT.

    Diesel prices were reduced by 15% from $265 per litre to $225 per litre.

    The reduced price is equivalent to just $7.30 TT.

    Those changes were expected to start taking effect from as early as yesterday.