Divergent Trends in Petrol Prices | RJR News

Petrol Prices Shift: What You Need to Know

Effective Thursday, the landscape of petrol prices in Jamaica is set to change dramatically, leaving many consumers scratching their heads. While the cost of 87 and 90 Gasolene is on the rise, diesel and kerosene prices are taking a dive. Let’s break down these changes and what they mean for everyday Jamaicans.

Gasoline Prices on the Rise

Starting this week, drivers will feel the pinch at the pump as the price of each litre of 87 Gasolene and 90 Gasolene will increase by $2.34. For many, this news is a bitter pill to swallow. “Every little bit counts, especially with the cost of living going up,” shared local taxi driver, Mr. Thompson, as he filled up his vehicle in Half-Way Tree. “It’s tough out here, and we’re just trying to make ends meet.”

This increase comes at a time when many families are already feeling the strain of rising costs across the board. With school fees, groceries, and other essentials piling up, the added burden of higher fuel prices could lead to tough choices for many households.

Diesel and Kerosene Prices Drop

In a surprising twist, diesel and ultra-low sulphur diesel will see a reduction of $3.06 per litre. This is welcome news for commercial drivers and businesses reliant on diesel for transportation and logistics. “This drop is a blessing for us,” said Ms. Johnson, who runs a delivery service in Kingston. “It means we can keep our prices competitive and still make a profit.”

Kerosene, often used for cooking and lighting in many homes, will also see a decrease, dropping by $2.59. This is particularly significant for families in rural areas who depend on kerosene for their daily needs. “Every little bit helps,” remarked Mr. Brown, a resident of St. Ann. “With the price of everything going up, this is a small relief.”

Propane and Butane Adjustments

In a less dramatic shift, propane will see a slight increase of one cent, while butane will rise by 25 cents. While these changes may seem minor, they can add up over time, especially for households that rely on these fuels for cooking and heating. “It’s frustrating to see even small increases,” said Ms. Clarke, a homemaker from Montego Bay. “We’re always looking for ways to save, and every cent matters.”

The Role of Petrol Stations

It’s important to note that petrol stations will be adding their margins to the ex-refinery rates provided by Petrojam. This means that the final price at the pump may vary from one station to another. “We always try to keep our prices fair,” said a representative from a popular petrol station in Portmore. “But we also have to cover our costs and stay in business.”

What’s Next?

As the dust settles on these price changes, many Jamaicans are left wondering how these fluctuations will impact their daily lives. Will the increase in gasoline prices lead to higher transportation costs? How will businesses adapt to the changes in diesel prices?

With the ever-changing landscape of fuel prices, one thing is certain: Jamaicans will continue to navigate these challenges with resilience and creativity. As we move forward, it’s crucial to stay informed and prepared for whatever comes next at the pump. How will you adjust your budget in light of these changes?

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