The Ministry of Finance in Grenada has announced updated retail prices for petroleum products, effective from Saturday, 18 October 2025. The revised prices apply to Gasoline, Diesel, Kerosene, and Liquefied Petroleum Gas (LPG), commonly known as Cooking Gas, across Grenada, Carriacou, and Petite Martinique. Notably, Gasoline prices have decreased by $0.26 to $14.56 per imperial gallon (IG), while Diesel has seen a significant reduction of $0.94 to $13.52 per IG. Kerosene prices have slightly decreased by $0.12 to $10.31 per IG. For LPG, the 20 lb cylinder prices remain unchanged at $40.00 in Grenada and $49.00 in Carriacou and Petite Martinique. However, the 100 lb cylinder and bulk prices have increased by $3.80 and $0.05 per pound, respectively. The Ministry emphasized that these adjustments are based on the average cost, freight, and insurance rates for Gasoline, Diesel, and Kerosene, while LPG prices are derived from mean Caribbean postings (Platts) for the period 16 September to 14 October 2025. The Ministry also reiterated that petroleum products are price-controlled, and retailers must adhere to the stated prices. Consumers are urged to report any instances of overpricing to the Price Control/Consumer Affairs Unit. The Ministry continues to monitor prices and will intervene if they exceed $17 per IG.