Government announces a fall in oil prices internationally

Economy

Published: 2020-01-13 16:51

Last Updated: 2020-01-14 09:52


Government announces a fall in oil prices internationally
Government announces a fall in oil prices internationally

Prices of international oil derivatives and Brent crude have dropped during the second week of January, compared to the first week of the same month, according to data released today by the Ministry of Energy and Mineral Resources.

Prices of 90-octane gasoline declined by 0.2%, from JD 436.74 ($616 ) to JD 435.54 ($614.3) per ton, while the price of 95-octane gasoline went down from JD 453.41 ($639.5) per ton in the first week to JD 452.84 ($638.7), a decrease of 0.1 %.

Diesel prices also fell by 1.5 %, going from JD 436.32 ($615.4) per ton to JD429.94 ($606.4), while the prices of kerosene slightly dropped by 1.8%, from JD 457.52 ($645.3) to JD 449.29 ($633.7).

The prices of liquefied gas for January stood at JD 413.91 ($583.8) per ton.

In the second week of this month, benchmark Brent crude prices went up to JD 48.07 ($67.8), from JD 47.64 ($67.2) in the first week per barrel.