By Admin. Updated 11:04 p.m., Friday, June 26, 2026, Atlantic Standard Time (GMT-4).
Vincentians will face another increase in the price of fuel from Monday, June 29, with the government raising the maximum retail prices for gasoline, dieselene and low sulphur dieselene by EC$1.39 to EC$1.40 per gallon.
The new prices are contained in Statutory Rules and Orders No. 12 of 2026, the Price Control (Amendment) (No. 2) Order 2026, which was gazetted on June 26 and comes into force on June 29.
The increases have been gazetted.
According to the Order, the maximum retail price of gasoline will increase from EC$16.92 to EC$18.31 per gallon, an increase of EC$1.39. The maximum wholesale price at bulk installation will rise from EC$16.16 to EC$17.55 per gallon.
The maximum retail price of dieselene will move from EC$16.26 to EC$17.53 per gallon, while the wholesale price will increase from EC$15.60 to EC$16.87 per gallon, representing increases of EC$1.27.
Meanwhile, low sulphur dieselene will increase from EC$16.40 to EC$17.40 per gallon at the retail level, while the wholesale price will rise from EC$15.74 to EC$16.74 per gallon, an increase of EC$1.00.
The Order was made by the Governor-General under Section 10 of the Price and Distribution of Goods Act (Cap. 161)and signed by Secretary to the Cabinet Kattian Barnwell-Scott on June 26, 2026.
The latest adjustment comes just over a month after the government implemented substantial fuel price increases on May 28, when gasoline prices rose by EC$3.70 per gallon, dieselene by EC$3.70, and low sulphur dieselene by EC$3.47.
At the time, Prime Minister Dr Godwin Friday said the government had delayed raising fuel prices for several months despite sustained increases in international oil prices. He also announced temporary measures, including reductions in excise tax and a 50 per cent cut in the customs service charge on imported petroleum products, to cushion consumers from what he said would otherwise have been even steeper increases.
Dr Friday had stated that, without those interventions, gasoline prices would have risen to approximately EC$18.82 per gallon, while diesel prices would have exceeded EC$17.70 per gallon.
With the new prices taking effect on Monday, gasoline will now retail at EC$18.31 per gallon, bringing pump prices closer to the level the Prime Minister had previously indicated would have been reached without government intervention.
The government has not yet issued a public statement explaining the latest adjustment.
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