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JM | Jun 22, 2022

Another week of meagre declines after Petrojam revises pricing regimen

Gavin Riley

Gavin Riley / Our Today

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Aerial view of state-owned Petrojam refinery in Kingston, which regulates oil and gas prices in Jamaica. (Photo: petrojam.com)

Effective tomorrow (June 23), Jamaicans will pay ‘next-to-nothing’ less at the pumps as the State-owned refinery, Petrojam, marginally slashed its base prices.

For a second week running, Petrojam, in its petroleum product price index, advised that 87 octane gasoline will sell for $0.25 lower than last week, closing at J$215.39 per litre.

The marginal decrease was consistent for 87 and 90 octane gasoline as well as propane and butane. On the other hand, automotive diesel, its ultra-low-sulphur counterpart and kerosene all recorded price hikes, which take effect on Thursday.

It is expected that retailers will add their mark-ups to the announced prices.

See breakdown of prices below:

ProductPrice per unit (Effective June 23, 2022)Price change (from last week)
Gasoline 87$215.39-$0.25 ($215.64)
Gasoline 90$220.40-$0.25 ($220.65)
Auto diesel$227.51$4.50 ($223.01)
Kerosene$201.80$4.50 ($197.30)
Propane$72.83-$1.92 ($74.75)
Butane$81.94-$2.50 ($84.83)
ULSD$230.24$4.50 ($225.74)

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