By Grace Papiali
The indicative retail fuel prices for this month continues this week with a decrease on average for petrol, diesel and kerosene throughout the country.
The Independent Consumer and Competition Commission has pinned this month’s retail prices to have a slight change compared to last month.
In Port Moresby, petrol price stands at K4.50 per litre, price for diesel is at K4.20 per litre and Kerosene is at K3.90.
As for other centres, retail prices will change according to their quarterly approved domestic freight rates for the second quarter of 2024, and their annual retail margins for this year.
The petroleum prices remains decreased on average, consistent with the decrease observed in Port Moresby.
