New Petroleum Prices in Aruba Effective August 14, 2024

Aruba announces new petroleum prices effective August 14, 2024, with slight increases for gasoline, gasoil, and kerosene. Prices include BBO, BAZV, and BAVP taxes.

Updated Prices for Gasoline, Gasoil, and Kerosene

As of August 14, 2024, Aruba has implemented new prices for petroleum products, reflecting slight increases across the board.

Price Increase Details and Tax Inclusions

The updated prices are as follows: unleaded premium gasoline is now 257.6 cents per liter, an increase of 6.0 cents; gasoil LS is 220.7 cents per liter, up by 2.2 cents; and kerosene is now 201.7 cents per liter, with an increase of 1.7 cents.

Impact of the New Petroleum Prices on Consumers

These prices are inclusive of BBO (turnover tax), BAZV (health tax), and BAVP, ensuring transparency for consumers.

How the Changes Affect Daily Expenses

The adjustments, while minor, are important for consumers to note as they may impact daily expenses, especially for those who rely heavily on these fuels for transportation and other activities.

Understanding the Price Structure

Consumers should be aware of these changes and plan accordingly. Understanding the full breakdown of these prices, including the included taxes, can help individuals and businesses better manage their fuel-related expenses.

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