Finance Minister: NO Increase In Fuel Prices; Super Gasoline Holds At $5.97 Per Litre


The Honourable Davendranath Tancoo, M.P, Minister of Finance, announced this afternoon (Monday 12th October, 2026) during his presentation of the National Budget 2027, that despite international fuel prices rising, the Government will keep the price of super gasoline at $5.97 per litre, absorbing the higher cost rather than passing it on to motorists. This cost the Government TT $290 million during the fiscal year. Had they not done so, the Minister said the average price per liter between March to September 2026 would have been $7.64, instead of the current $5.97.

Minister Tancoo notes that a driver filling a 50-litre tank four (4) times per month saved $332 per month or $3,984 over the past year.


Watch the live stream of the ongoing National Budget 2027 presentation here.

More on this as it becomes available.

Follow our WhatsApp Channel or Facebook Messenger Channel to receive alerts as soon as we publish our articles, including breaking news.

We are a small operation. If you’ve found our articles to be informative, please consider supporting us via PayPal or buying us a coffee. Your contribution is incredibly appreciated and goes a long way. Simply sharing our articles also helps us.

Comments

Trending Right Now On Youthere1 News

Man Stabbed To Death During Violent Altercation In Enterprise, Chaguanas

Woman And Teenage Daughter Killed In Alleged Arson Attack In Malick

Missing: 13-Year-Old Cunupia Girl — Last Seen On Monday

47-Year-Old Woman Shot Dead Outside Arima Home — Police On The Scene

35-Year-Old Man Arrested Following Fatal Stabbing At Busy Corner, Chaguanas

35-Year-Old Man Stabbed To Death In Valencia — Police Investigating

NO Electricity On Tuesday In Parts of Chaguaramas, Maracas, Curepe, Mt. Hope, D'Abadie, Arima, Longdenville

NO Electricity On Wednesday In Parts of Santa Cruz, Las Lomas, Sangre Grande, Princes Town

Man Stabbed To Death At Busy Corner, Chaguanas — Another Critically Injured

66-Year-Old Truck Driver Crushed To Death In Freak Accident Along Foreshore