Gas prices down

Motorists are to see a reduction in the prices of all petroleum products effective today.



The Petroleum Corporation of Jamaica (Petrojam) announced that a litre of 87 and 90 gasoline would be reduced by $1.05.



A litre of 87-octanea and 90 gasoline will be sold $75.09 and $76.53 respectively.



Automotive diesel oil has been reduced by $1.39 and will be sold for $83.18.



A litre of kerosene is reduced by $2.10 and will be sold for $82.72.



The price of cooking gas has been reduced by $2.00 per litre and will sell for $45.09.



Petrojam said the decrease is linked to a drop in the US Gulf prices, as a result of consistent concerns on slowing demand.



As is customary, retailers are to add their respective marks ups to the announced prices.