Barbados Sees Fuel Price Reduction Amid Economic Uncertainty

Barbadians are experiencing a modest reduction in fuel prices, effective from midnight on February 1, 2026. Gasoline now retails at $3.77 per litre, a decrease of 11 cents, while diesel has dropped by 16 cents to $3.25 per litre. Kerosene is priced at $1.43 per litre, down by five cents. Additionally, liquefied petroleum gas (LPG) prices have been adjusted, with a 100-pound cylinder now costing $161.47. The next scheduled fuel price review is set for March 1. ([barbadostoday.bb](https://barbadostoday.bb/2026/02/01/decrease-in-prices-of-petroleum-products/?utm_source=openai))

 

In the Warrens area, reactions to the price cuts have been varied. Some consumers appreciate the reduction but feel it doesn't significantly alleviate the overall cost of living. Taxi operators, who depend heavily on fuel, welcome any decrease, noting that even small reductions can positively impact their daily earnings. However, there is a prevailing sense of caution among motorists, as previous price increases have led to skepticism about the longevity of such relief. ([barbadostoday.bb](https://barbadostoday.bb/2026/02/03/fuel-price-cut-brings-cautious-relief-among-motorists/?utm_source=openai))

 

This recent decrease follows a January adjustment that saw fuel prices rise, prompting concerns among taxi drivers and public service vehicle operators about mounting financial pressures. With the next review approaching, many are watching closely to see if this downward trend will continue or if prices will climb once more. ([barbadostoday.bb](https://barbadostoday.bb/2026/01/04/fuel-price-adjustments-for-january/?utm_source=openai))

 

The government has previously warned of volatile fuel prices due to global market disruptions, indicating that fluctuations are likely to persist. As such, while the current reduction offers some respite, the broader economic challenges remain a concern for many Barbadians. ([barbadostoday.bb](https://barbadostoday.bb/2025/05/28/minister-straughn-of-warns-volatile-fuel-prices/?utm_source=openai))