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Saint Lucians have been assured that the prices of petroleum products will be further reduced when the next adjustments are made.

The pronouncement came from Prime Minister Dr Kenny Anthony who indicated that the only outstanding question is the timing of the adjustments.

He adds that the Ministry of Finance is monitoring the cost of fuel closely on the world market, to determine whether the time period for the next adjustment will be shortened. The Prime Minister said,

The Prime Minister expressed the view that the decreasing cost of crude oil is a good sign for Saint Lucia’s economy.

Using the current Market Pass Through system the next fuel price adjustment are expected to be announced in April
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