Price list

Despite the relative decline in global oil derivative prices during June compared with the previous month, this decrease was not sufficient to bring prices back to the levels that prevailed before the regional crisis.

Accordingly, the Oil Derivatives Pricing Committee decided to maintain the prices of the main oil derivatives for July at the same levels approved in the June pricing schedule. The prices were set as follows: Octane 90 gasoline at 1,000 fils/liter, Octane 95 gasoline at 1,310 fils/liter, diesel at 850 fils/liter, and kerosene at 550 fils/liter.

The Committee also decided to maintain the price of the household LPG cylinder (12.5 kg) at JOD 7, while continuing to provide support for liquefied petroleum gas allocated to the industrial sector.

The local prices of oil derivatives during the past months did not reflect the actual costs of these products, as the government adopted a gradual approach in passing on global price increases and absorbed a significant portion of the price differences.

The declines witnessed in global oil derivative markets began during the second half of June, while local oil derivative prices for July reflect the average global oil derivative prices throughout the entire month of June.

The decision to continue supporting LPG allocated to the industrial sector will result in the government bearing estimated support costs of approximately JOD 3.2 million during July.

The total government support and price differentials borne since the beginning of the crisis until the end of June amounted to approximately JOD 198 million, excluding the cost of supporting household LPG cylinders.

The gradual approach adopted by the government, including absorbing part of the actual costs during previous months, contributed to limiting the full impact of global price increases on the local market and reducing the economic and living burdens on citizens and productive sectors.

The government continues to closely monitor developments in global markets and oil derivative prices to ensure timely and appropriate decisions are taken, achieving a balance between protecting citizens, supporting economic sectors, and maintaining economic and financial stability.