Motorists in Jamaica face a significant increase at the pumps starting Thursday, July 9, as state-owned refinery Petrojam announced higher ex-refinery costs for gasoline and diesel.
The price hike reflects ongoing upward pressure on fuel costs in the Caribbean market, with 90-octane gasoline rising to $205.70 per litre and diesel increasing by $2.44 per litre.
42 to $182.81. This repeated escalation in household and transport energy costs underscores persistent inflationary pressures on consumers and businesses reliant on imported fuel.
The adjustment comes amid a broader trend of rising energy costs in the region.
Just days earlier, the cost of liquefied petroleum gas (LPG) surged for the second time in two weeks, with the standard 100-pound cylinder jumping $16.42 to $182.81.
This repeated escalation in household and transport energy costs underscores persistent inflationary pressures on consumers and businesses reliant on imported fuel.
While global oil prices have seen volatility, local refining costs and currency dynamics often drive sharper moves in smaller markets like Jamaica.