Tuesday 20 August, 2019

Significant across-the-board fuel price increases this week

Motorists will pay significantly more for fuel when they fill up at the pumps this week, following somewhat of a reprieve last week when some prices declined.

The prices of all the petroleum products supplied by Petrojam will be increased effective Thursday, according to the latest ex-refinery costs released by the state-owned oil refinery.

Both 87 and 90-octane gasoline have been increased by $2.82, and will be sold for $119.56 and $122.40 per litre, respectively.

Automotive diesel fuel is up $2.73 to $130.07 per litre, while ultra-low sulphur diesel will sell for $133.65 per litre following an increase of $2.58.

Kerosene has been increased by $2.77, and will be sold for $109.41 per litre, Petrojam said.

Meanwhile, propane liquid petroleum will be sold for $44.25 per litre, up by $1.50, while butane liquid petroleum will be sold for $53.44 per litre, up $2.43.

The marketing companies and retailers will add their respective margins to the prices from Petrojam.

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