Guyoil reduces prices to ease burden on customers
With effect from October 1, 2020, prices for the Guyana Oil Company’s (Guyoil) mogas (Super 95) gasoil, low sulfur diesel, and kerosene will be reduced to lessen the financial burden on consumers.
In a press statement issued today, Guyoil said the reduced prices will take effect at all their service stations across the country.
“As a national entity, Guyoil is always committed to its strategic objective of being the price stabiliser for the nation. Though the company saw no reduction in acquisition costs Guyoil is aware of the economic challenges being faced by customers and businesses as the nation continues to battle COVID-19.”
Guyoil expects the reductions to bring “significant ease” to customers and assured that the company will continue to provide its products and services at competitive prices.
Below are the details
| PRODUCT (Retail) | PREVIOUS PRICE | REDUCED PRICE |
| 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 |