Government: Rise in international oil derivatives prices


Published: 2020-02-24 13:35

Last Updated: 2020-02-24 14:15


Prices of international oil derivatives and Brent crude have increased during the third week of February, compared to the second week of this month.

According to data released today by the Ministry of Energy and Mineral Resources, the price of 95-octane gasoline rose by 7.1% from JD396.47 ($559.2) per ton to JD403.28 ($568.8), while the price of 90-octane gasoline climbed by 1.4% from JD383.07 ($540.3) per ton to JD388.46 ($547.9).

Diesel prices also rose by 1.5% from JD351.95 ($496.4) per ton to JD357.41 ($504.1), and kerosene prices increased by 1% from JD364.57 ($514.2) per ton to JD368.25 ($519.4).

The price of liquefied petroleum gas (LPG) for the month of February stood at JD379.31 ($535).

In the third week of February, benchmark Brent crude prices climbed from JD39.07 ($55.1) to JD41.62 ($58.7) per barrel.