Petroleum Products Price Change Notice – May 2026

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The General public is hereby informed that effective, Monday, May 18th, 2026, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and Liquefied Petroleum Gas, (LPG), commonly known as, Cooking Gas) in the State of Grenada will be as follows:

GRENADA, CARRIACOU AND PETITE MARTINIQUE
Products Old Price New Price Price Change
Gasoline $17.00/IG $17.00/IG No change
Diesel $17.00/IG $17.00/IG No change
Kerosene $17.00/IG $16.74 $0.26 decrease
GRENADA
L.P.G (Cooking Gas) Old Price New Price Price Change
20 lbs Cylinder $40.00 $40.00 No change
100 lbs Cylinder $350.00 $316.90 $33.10 Decrease
Bulk $3.60/lb $3.25 $0.35 Decrease
CARRIACOU & PETITE MARTINIQUE
L.P.G (Cooking Gas) Old Price New Price Price Change
20 lbs Cylinder $49.00 $49.00 No change
100 lbs Cylinder $363.00 $340.00 $23.00 Decrease
Bulk $3.60/lb $3.25 $0.35 Decrease

 

The Ministry of Finance continues to monitor petroleum product prices and will intervene as necessary if prices exceed $17.00.

โ€ข Petroleum Product Prices of Gasoline, Diesel, and Kerosene within the Tri-Island State of Grenada are fully harmonized in line with statements made by the Minister of Finance in the 2023 Budget Speech.

โ€ข The new retail prices are computed based on the average of the actual cost, freight, and insurance rates for Gasoline, Diesel, and Kerosene however, for LPG, the mean Caribbean postings (Platts) for cost were used over the period April 16, 2026, to May 13, 2026.

โ€ข Petroleum products are price-controlled goods; therefore, no retailer shall vary the stated prices.

Consumers are strongly encouraged to immediately notify the Consumer Affairs Division in the Ministry of Legal Affairs, Labour and Consumer Affairs of any instance of overpricing at telephone number: 435-1459.


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