Amidst public outcry over the increased price for fuel at the nationโ€™s pumps, the Guyana Oil Company Ltd (GUYOIL) has reduced the prices for gasolene and diesel.

Gasolene has been reduced from $230/litre to $226/litre and Gasoil (LSD) from $219/litre to $215/litre.

The company said that these reduced prices take effect from tomorrow

It said, โ€œThe price reductions were possible due to declining acquisition costs and the savings are now being passed on to customers.โ€

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