Pump prices at record high

Pump prices are set to rise to a new record high with the State-owned refinery Petrojam announcing increases across the board.

A Petrojam release on Wednesday shows the ex-refinery price of gasoline is set to jump by $3.06 per litre for both 87 and 90. That increase takes those prices to $169.18 and $174.64, the highest they have ever been in Jamaica. Since the start of the year, gasoline prices have gone up 2.5 per cent. They are up 46 per cent in the last year.

At the same time, the price of automotive diesel oil goes up $3.06, the same as the price of ultra-low sulphur diesel. The ex-refinery prices for both are also at record levels of $168.54 and $174.54 per litre, respectively.

Kerosene oil is also up ny $3.06 but its ex-refinery price of $123.07 is below its record.

Propane is, however, up $0.58 to $72.97 per litre and butane will cost an additional $0.25 per litre.

Marketing companies will add their markup to the prices quoted.

Now you can read the Jamaica Observer ePaper anytime, anywhere. The Jamaica Observer ePaper is available to you at home or at work, and is the same edition as the printed copy available at https://bit.ly/epaper-login

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy