Gas prices up $2.29, Diesel up $3.10
Petrojam Limited has announced a $2.29 increase in the prices of gasoline effective Thursday, May 17.
A litre of E10 87 will sell for $129.83, while E10 90 will sell for $132.67 per litre.
Automotive diesel oil will go up by $3.10 per litre to sell for $127.70.
Meanwhile, the price of kerosene will also move up by $3.10 to sell for $110.73 per litre.
Propane cooking gas will see a decrease of $0.38 per litre to sell for $46.69, while butane will move up by $0.09 to sell for $50.57.
“Movements in Petrojam’s product prices are reflective of changes in the prices of the relevant petroleum products within the US Gulf Coast (USGC) Region,” Petrojam said.
“Over the past few weeks, prices have generally been increasing, influenced by the market’s reaction to the recent announcement by the United States of sanctions re-imposed on Iran,” it noted.
Retailers and marketing companies will add their mark-up to the announced prices.