Consumers will see a significant increase in the prices
of petroleum products.
Effective Thursday motorists will pay $1.27 more for unleaded gasoline 87 and 90 brands, respectively.
This means the price for a litre of unleaded gasoline 87 octane will be $50.14, and the 90 brand will be sold for $51.58.
Automotive diesel oil will go up by $1.03 and will now cost $48.85.
The price for a litre of kerosene moves up by 94 cents to cost $50.45.
LPG or cooking gas will cost $29.12, an increase of 97 cents.
Marketing companies and dealers will add their mark ups to the prices quoted.
Petrojam says the increase in oil prices during the last week was due to low gasoline inventories in the US.
The uncertainty among traders on the perceived impact of Hurricanes Dean and Felix on the Gulf of Mexico installations, also contributed to the hike.
Effective Thursday motorists will pay $1.27 more for unleaded gasoline 87 and 90 brands, respectively.
This means the price for a litre of unleaded gasoline 87 octane will be $50.14, and the 90 brand will be sold for $51.58.
Automotive diesel oil will go up by $1.03 and will now cost $48.85.
The price for a litre of kerosene moves up by 94 cents to cost $50.45.
LPG or cooking gas will cost $29.12, an increase of 97 cents.
Marketing companies and dealers will add their mark ups to the prices quoted.
Petrojam says the increase in oil prices during the last week was due to low gasoline inventories in the US.
The uncertainty among traders on the perceived impact of Hurricanes Dean and Felix on the Gulf of Mexico installations, also contributed to the hike.
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