JAM | Jun 22, 2023

Mixed outlook after revised pricing regimen by Petrojam

/ Our Today

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Personnel working at TotalEnergies Jamaica’s Dunbar’s River service station in Savanna-La-Mar, Westmoreland. (Photo: Total Energies)

It is an underwhelming week for Jamaican consumers as state-owned refinery, Petrojam, released its latest rework of baseline prices today (June 22).

In its closely watched petroleum product price index, the refinery advised that 87-octane gasolene would see its cost slashed by a meagre J$0.25, to open at an introductory price of J$170.20.

The largely inconsequential pricing update brought a mix of miniscule cost changes, which was arguably most pronounced for heavy fuel oil (HFO).

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

See breakdown of prices below:

ProductPrice per unit (effective June 22, 2023)Price change (from last week)
Gasolene 87$170.20-$0.25 ($170.45)
Gasolene 90$173.72-$0.25 ($173.97)
Auto diesel$166.22+$0.25 ($165.97)
Kerosene$177.22+$0.25 ($176.97)
Propane$56.12-$0.25 ($56.37)
Butane$63.25-$0.04 ($63.29)
ULSD$173.81+$0.25 ($173.56)
Asphalt$114.06-$0.80 ($113.26)
HFO$112.91+$2.42 ($110.49)


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