Motorists to pay more at the pumps going into the New Year
Created : 29 December 2017
Following two weeks of reprieve, motorists will be faced with increased prices at the pumps going into the New Year based on the latest ex-refinery costs released by the state-owned oil refinery, Petrojam.
Effective Thursday, 87 and 90 octane gasoline will be sold for $120.09 and $122.93 per litre, respectively, up by $1.79 each.
Automotive diesel fuel is up $1.06 and will now sell for $119.88 per litre, while ultra-low sulphur diesel will be sold for $124.46 per litre, an increase of $0.97.
In the meantime, kerosene will see an increase of $0.94 and will be sold for $100.37 per litre. Propane liquid petroleum will be sold for $49.21 per litre, up by $1.00 while butane liquid petroleum will be sold for $51.12 per litre after an increase of $0.85.
Marketing companies and retailers will add their respective mark-up to these prices.
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