Jamaican Gas Prices : Gas Price Review - Week Ending October 1, 2008

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Gas Price Review - Week Ending October 8, 2008

Petrojam again announced reductions in the prices gas products. This week the reductions are fairly significant. $2.89 has been removed from the price of 87 and 90 octane and $3.50 has been removed from the priced of Diesel.

The ex-refinery price of 87 and 90 were set at $67.19 and $68.54 respectively while Diseel at $76.31. These reductions are a welcome relief for motorists and come on the heels of falling Oil prices on the world market. A barrel of Oil closed below $90 today.

Average Prices
This week average prices are shown below in comparison with the week before.

	This Week	Last Week
Product(avg.)	$ per litre	$ per litre
87	75.60	78.58
90	80.15	83.39
Diesel	86.38	86.80

source: Jamaica Gas Prices data .

Highs and the Lows

The highs and lows continue to be significant especially with 90 Octane. See table below

Week Oct. 2- 8,2008	Highest Price	Lowest Price	Difference
Product	$ per litre	$ per litre	$ per litre
87	78.60	72.84	5.76
90	84.60	75.11	9.49
Diesel	89.99	83.53	6.46

source: Jamaica Gas Prices data .

You can see this data any time by visiting our statistics page.

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