NATIONAL NEWS
Monrovia – The Ministry of Commerce and Industry, in consultation with the Liberia Petroleum Refining Company (LPRC), has released its March 2026 petroleum product price circular, maintaining current wholesale and retail prices for gasoline and fuel oil in United States dollar terms.
According to the circular, the retail pump price for gasoline remains at US$4.02 (LD 755), while fuel oil is set at US$4.33 (LD 810), reflecting adjustments based on the prevailing exchange rate.
By: Rufus Divine Brooks Jr
In a release, the government acknowledged concerns over rising global petroleum prices and indicated that authorities are closely monitoring international market trends to determine whether future adjustments may be necessary.
The Ministry, in collaboration with the LPRC, also assured the public that Liberia currently maintains adequate petroleum stock levels.
Officials disclosed that a contingency plan is in place to prevent unjustified price hikes and artificial shortages.
The government further pledged to continue working closely with importers and dealers to ensure fair pricing and stability in the domestic petroleum market.
