You are here

Fuel prices to remain the same for November

By JT - Oct 31,2015 - Last updated at Oct 31,2015

AMMAN — The government on Saturday decided to keep the prices of fuel derivatives unchanged in November. 

The decision, issued by Minister of Industry, Trade and Supply Maha Ali, was taken based on the government pricing committee’s review of international oil prices, according to a ministry statement. 

One litre of unleaded 90-octane gasoline will continue to be sold at JD0.555, a litre of unleaded 95-octane gasoline at JD0.720, and diesel and kerosene at JD0.410 per litre, as in October.

The price of a 12-kilogramme gas cylinder, used for cooking and in winter for heating purposes, remains at JD7. 

A government pricing committee meets monthly to adjust prices in a manner that corresponds to changes in oil prices on the international market.

Prices of oil derivatives in the local market are calculated based on international oil prices, taking into account other costs such as shipment, handling and taxes. 

“The international prices of fuel derivatives are fluctuating very slightly, not exceeding 0.5 per cent,” Gas Stations Owners Association (GSOA) President Fahed Al Fayez said last week. 

 

“As for December, I project a slight increase in prices, particularly gas,” Fayez told The Jordan Times, noting that local demand for gas and diesel for heating purposes has already risen by 20 per cent in October.

up
71 users have voted.

Add new comment

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
18 + 1 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Newsletter

Get top stories and blog posts emailed to you each day.