Jamaican industry and the motoring public face another price increase at the pumps this week, following the latest regimen update by State-owned refinery, Petrojam.
Petrojam, in its closely watched petroleum product price index, advised that 87-octane gasolene will cost J$3.06 come midnight Thursday (March 21), to open at an introductory price of J$172.64, after applied taxes.
In a reversal of next-to-nothing cost reductions for the last two weeks, the price increase is mostly consistent across the Jamaican fuel index, being more pronounced for 87- and 90-octane gasolene, heavy fuel and kerosene oils as well as automotive diesel and its ultra-low sulphur counterpart, which rose $3.06 and $4.50 respectively.
It is expected retailers will add their respective mark-ups to the announced prices.
See breakdown of prices below:
| Product | Price per unit (effective March 21, 2024) | Price change (from last week) |
| Gasolene 87 | $172.64 | +$3.06 ($169.58) |
| Gasolene 90 | $178.74 | +$3.06 ($175.68) |
| Auto diesel | $180.15 | +$4.50 ($175.65) |
| Kerosene | $180.97 | +$3.06 ($177.91) |
| Propane | $70.08 | $0.00 ($70.08) |
| Butane | $79.03 | -$0.22 ($79.25) |
| ULSD | $186.14 | +$4.50 ($181.64) |
| HFO | $123.47 | +$3.06 ($120.41) |
| Asphalt | $126.50 | -$0.15 ($126.65) |
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