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November sees decrease in fuel prices

By JT - Nov 01,2020 - Last updated at Nov 01,2020

The government’s fuel pricing committee on Saturday decided to decrease the prices of a number fuel derivatives for November (File photo)

AMMAN — The government’s fuel pricing committee on Saturday decided to decrease the prices of a number of fuel derivatives for November.

The price of one litre of unleaded 90-octane gasoline has gone down from JD0.670 in October to JD0.665 in November, according to an Energy Ministry statement.

The price per litre of unleaded 95-octane gasoline has been decreased to JD0.880 in November compared with JD0.885 in October.

The prices of diesel and kerosene remain unchanged at JD0.460 per litre and the price of gas cylinders, as usual, remains at JD7.

Prices of oil derivatives in the local market are calculated based on international prices, in addition to other costs, including shipping and taxes.

The committee said that it referred to international oil prices, which showed that the cost of a barrel of crude Brent oil dropped from $40.8 in September to $40.2 in October.

The Energy and Minerals Regulatory Commission on Saturday also decided to maintain the “differences in fuel prices” category on monthly electricity bills for November at zero fils per kilowatt-hour, according to a commission statement.

 

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