Petrojam pricing regimen inches higher for second-straight week
/ Our Today
administrator
Jamaican motorists and industry giants will have to dig deeper into their coffers this week, as state-owned refinery, Petrojam, unveils the latest update to its pricing regimen.
Effective Thursday (January 18), 87-octane gasolene will cost $0.25 more than its baseline price from the week prior. The product now opens at $165.89 per litre, after applied taxes
The price increases were consistent across Petrojam’s closely watched petroleum product price index, which were pronounced for automotive diesel, its ultra-low sulphur counterpart, kerosene, propane and butane.
On the other hand, prices for heavy fuel oil (HFO) were the only commodity to fall over the past seven days, dropping $3.06 this week.
It is expected retailers will add their respective mark-ups to the announced prices.
See breakdown of prices below:
| Product | Price per unit (effective January 18, 2024) | Price change (from last week) |
| Gasolene 87 | $165.89 | +$0.25 ($165.64) |
| Gasolene 90 | $171.99 | +$0.25 ($171.74) |
| Auto diesel | $172.43 | +$3.05 ($169.38) |
| Kerosene | $181.36 | +$3.06 ($178.30) |
| Propane | $73.52 | +$2.50 ($71.02) |
| Butane | $82.45 | +$1.95 ($80.50) |
| ULSD | $179.47 | +$3.04 ($176.43) |
| HFO | $122.40 | -$3.06 ($125.46) |
| Asphalt | $125.04 | +$0.25 ($124.79) |
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