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From Thursday, fuel prices will be reduced across all categories.
The price of 87-octane gasoline will drop by $1.24 per litre, while the price of 90-octane gasoline will drop by $0.25 per litre.
Diesel and ultra-low sulfur diesel prices will fall by $3.06.
Kerosene prices will fall by $4.50.
Propane costs will fall by $0.34 and butane costs will fall by $0.59.
These adjustments will be made at every petrol station and include an increase in the ex-factory prices offered by Petrojam.
The rate is influenced by the U.S. Gulf of Mexico reference price.
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