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News

Gas prices go up again

Thursday, January 03, 2013



THE State-owned oil refinery

company Petrojam Limited yesterday announced increases in the

ex-refinery prices of nearly all categories of fuel.

The prices of 87 and 90-octane gasolene have increased by $1.33 per litre, and as of today will be sold for $101.40 and $103.05, respectively.

Automotive diesel fuel has had a price increase of 72 cents, and will now be sold for $108.51 per litre.

A decrease of 50 cents will

see kerosene oil being sold for

$108.32 per litre.

Meanwhile, propane liquid petroleum gas will be sold for $35.65 per litre and butane liquid petroleum gas sold for $57.39 per litre, after price increases of $1.50 and 36 cents per litre, respectively.

Petrojam said the increases reflected "changes in US Gulf Reference prices and in foreign exchange rates". Retailers will add their mark-up to the announced prices.

Yesterday's round of increases was the third in as many weeks.



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