September to see drop in fuel prices

AMMAN — The government’s fuel pricing committee on Saturday decided to lower the prices of fuel derivatives for September.

According to the committee’s decision, the price of one litre of unleaded 90-octane gasoline will go down from JD0.775 per litre in August to JD0.755 in September, according to an Energy Ministry statement.

The price per litre of unleaded 95-octane gasoline will drop to JD0.985 in September, compared with JD1 the month before.

The prices of diesel and kerosene per litre will decrease to JD0.590, compared with JD0.605 in August.

Regarding the new prices, the committee said that the price per barrel of crude oil went down to $59 in August, from $64.1 in July.

The panel said the price of gas cylinders will remain unchanged at JD7 despite an increase in international rates to JD7.2.

The committee attributed its decision to not raise the price of gas cylinders to the government’s attempts to help mitigate the burdens of low-income citizens in light of the current economic situation.

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

The Energy and Minerals Regulatory Commission on Saturday also decided to maintain the “differences in fuel prices” category on monthly electricity bills for September at 10 Fils per kilowatt-hour (kWh), according to a commission statement.

The “differences in fuel prices” category excludes households whose monthly consumption does not exceed 300kWh.