Record high fuel prices
Motorists will be paying record high prices when they fill up at the pumps on Thursday.
According to the latest ex-refinery costs released by the state-owned oil refinery Petrojam, the price of 87- and 90-octane gasoline has been increased by $1.45 each to $135.03 and $137.86 per litre, respectively.
Petrojam says automotive diesel fuel will be sold for $134.70 per litre following an increase of $1.96 while ultra-low sulphur diesel is up by $1.59 and will sell for $139.32 per litre.
Meanwhile, the price of kerosene is up by $1.70 and will be sold for $115.55 per litre.
Propane liquid petroleum will be sold for $51.11 per litre, up by $2.00 while butane liquid petroleum will be sold for $56.66 per litre following an increase of $2.41.
Marketing companies and retailers will add their respective margins to these prices.