Jamaican motorists will see fuel prices drop effective December 5, 2024. Gasoline prices for 90-octane and 87-octane will decrease by $3.06, while diesel prices will see similar reductions. Kerosene and liquid petroleum gases also experience price declines, allowing for potential savings for consumers.
Effective December 5, 2024, motorists in Jamaica will benefit from a reduction in fuel prices, according to the latest ex-refinery costs issued by Petrojam. The price of 90-octane gasoline will decrease by $3.06, bringing it to $164.04 per litre, while 87-octane gasoline will also decrease by the same amount to a price of $155.07 per litre.
Additionally, automotive diesel fuel will now be available at $161.47 per litre, reflecting a decline of $3.06. Meanwhile, ultra-low sulphur diesel will see a marginal decrease of $2.94, resulting in a new price of $168.59 per litre. Kerosene will also decrease by $3.06, now priced at $145.15 per litre.
The prices for liquid petroleum gases have also been updated, with propane priced at $73.34 per litre, reflecting a decrease of $0.77, and butane at $82.87 per litre, down by $0.92. It is important to note that marketing companies and retailers will apply their respective mark-ups to these base prices.
The recent fuel price adjustments in Jamaica signify a notable reduction, benefiting motorists and consumers alike. With decreases observed across various fuel types including gasoline, diesel, and kerosene, these changes are led by updated ex-refinery costs from Petrojam. The decreases will likely ease transportation costs, providing relief to consumers amid ongoing economic considerations.
Original Source: www.jamaicaobserver.com
