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JAM | Feb 16, 2023

Steep pricing increases await Jamaicans at the pumps this week

Gavin Riley

Gavin Riley / Our Today

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Cars filling up on petrol during Future Energy Source Company Limited’s (FESCO) grand opening of its Ferry service station on the border of St Andrew and St Catherine in July 2021. (Photo: Facebook @CooresFesco)

After two weeks of ‘next-to-nothing’ decreases, Jamaican motorists and industry giants will have to contend with a sharp reversal effective today (February 16) following the latest pricing update from State-owned refinery Petrojam.

Petrojam, in its latest petroleum product index, added $3.06 on 87-octane gasolene prices, which now close at J$170.47 as of Thursday.

The cost increase was consistent for all other commonly sought products, a it is expected that retailers will add their mark-ups to the announced prices.

See breakdown of prices below:

ProductPrice per unit (Effective February 9, 2023)Price change (from last week)
Gasolene 87$170.47$3.06 ($167.41)
Gasolene 90$174.44$3.06 ($171.38)
Auto diesel$206.03$0.19 ($205.84)
Kerosene$214.54$0.25 ($214.29)
Propane$71.57$0.71 ($70.86)
Butane$80.00$3.06 ($76.94)
ULSD$216.76$0.25 ($216.51)
Tags
gas price trends gas prices in Jamaica Jamaica Petrojam petrol rate increase petroleum product price index

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