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Local gas prices to decrease in July

Local gas prices to decrease in July

Published :  
2 weeks ago|
Last Updated :  
2 weeks ago|

The Petroleum Derivatives Pricing Committee held its monthly meeting today, Tuesday, to set the prices of oil and petroleum products in Jordan for the period from July 1st to July 31st.

The committee reviewed the global prices of crude oil and petroleum products during the month of June and compared them with those of the previous month, May - in which it found that a price decrease is due.

After applying the pricing equation according to the global prices, it was found that the price of 90-octane gasoline decreased by 15 fils/liter, and the price of 95-octane gasoline decreased by 15 fils/liter - and found an increase in the price of diesel by 5 fils/liter.

Accordingly, the Committee decided set the price of 90-octane gasoline to 900 fils/liter instead of 915 fils/liter, and the price of 95-octane gasoline to 1,140 fils/liter instead of 1,155 fils/liter, and the price of diesel to 705 fils/liter instead of 700 fils/liter.

The committee also decided to maintain the price of kerosene for the upcoming month of July at 620 fils/liter, and to keep the price of a household gas cylinder (12.5 kg) at JOD seven per cylinder.