Beginning December 5, 2024, fuel prices in Jamaica will see a decrease, with gasoline dropping $3.06 to $164.04 for 90-octane and $155.07 for 87-octane. Diesel prices will also fall, while kerosene will be priced at $145.15. Propane and butane will also experience minor reductions.
The Ministry of Foreign Affairs and Foreign Trade has announced a significant reduction in fuel prices, effective December 5, 2024. Gasoline prices will decrease by $3.06 per litre, with 90-octane priced at $164.04 and 87-octane at $155.07. The cost of automotive diesel will also fall by $3.06, bringing it to $161.47 per litre. Meanwhile, ultra-low sulphur diesel will see a slight drop of $2.94, making it $168.59 per litre.
Additional reductions include kerosene, which will now be sold at $145.15 per litre after a drop of $3.06. Propane liquid petroleum will be offered at $73.34 per litre, down by $0.77, while butane liquid petroleum will be available for $82.87 per litre after a decrease of $0.92. Marketing companies and retailers are expected to add their respective mark-ups to these initial prices.
In conclusion, Jamaica will witness a notable decrease in fuel prices beginning December 5, 2024. This reduction signifies a pivotal step towards easing the financial burden on motorists. The prices for various petroleum products, including gasoline, diesel, and kerosene, will reflect these adjustments, enhancing the affordability of transport in the region.
Original Source: www.jamaicaobserver.com
