JAM | Jun 16, 2023

Petrol costs inch higher after latest Petrojam pricing update

/ Our Today

Reading Time: < 1 minute

Jamaican consumers will pay slightly more at the pumps this week, as state-owned refinery, Petrojam, unveils its updated pricing regimen.

In its closely watched petroleum product price index, the refinery advised that 87-octane gasolene would cost J$0.25 more to open at an introductory price of J$170.45.

The new pricing update, which took effect on Thursday (June 8), brought a mix of miniscule cost changes, which were arguably most pronounced for heavy fuel oil (HFO), asphalt, propane and butane.

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

See breakdown of prices below:

ProductPrice per unit (effective June 15, 2023)Price change (from last week)
Gasolene 87$170.45+$0.25 ($170.20)
Gasolene 90$173.97+$0.25 ($173.72)
Auto diesel$165.97+$0.10 ($165.87)
Kerosene$176.97+$0.25 ($176.47)
Propane$56.37-$1.84 ($58.21)
Butane$63.29-$2.47 ($65.76)
ULSD$173.56+$0.25 ($173.31)
Asphalt$113.26-$1.01 ($114.27)
HFO$110.49+$2.60 ($107.89)


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