Mubasher: The Jordanian government's committee for pricing oil derivatives announced on Saturday that it will be raising prices by about 7% for January due to a hike in global oil prices, according to Jordan News Agency (Petra).
Starting Sunday, a litre of 90 octane gasoline will be sold at JOD 0.62, four piasters up from the current price of JOD 0.58, while the new price of 95 octane gasoline will be JOD 0.81 per litre and diesel and kerosene will be sold at JOD 0.465 per litre.
The price of a cooking gas cylinder, commonly used by households and restaurants, was kept at JOD 7.
According to the committee’s statement, it relied on the international price indicators, which showed that benchmark Brent oil prices had jumped eight dollars in December to $53.01 per barrel, or 18.2% from the previous month.
"This global rise in crude prices had prompted an increase in oil derivatives in the same period by an average of 12%, as diesel jumped 11.0%, 95 octane gasoline was up about 11.8% and 90 octane gasoline recorded a 12.5% increase from the global levels in November", the statement indicated.
