The government cuts oil prices for July

Jordan

Published: 2017-07-01 15:35

Last Updated: 2017-07-01 17:00


Oil prices will drop in July in the Kingdom. (File photo)
Oil prices will drop in July in the Kingdom. (File photo)
Roya News Source

The government has cut oil prices for the month of July, although the price of a cooking gas cylinder will remain the same, according to a decision announced by the government's Oil Pricing Committee.

The decision was taken by the pricing committee under the monthly review of fuel prices, amid a global drop in oil prices.

The committee set the price of unleaded 90-octane gasoline at JD0.650 per litre for July, down from the June price of JD0.665. Unleaded 95-octane gasoline will be sold at JD0.865 per litre, instead of JD0.890 and diesel and kerosene was priced at JD0.465 per litre, down from JD0.480, according to Petra News Agency.

Meanwhile the price of a cooking gas cylinder was fixed at JD7, according to the amendment, which comes into effect today, July 1.