AMMAN — The fuel pricing committee on Sunday announced new prices for petroleum derivatives for the period June 1–30, following its monthly review of global oil market trends.

 

The committee decided to keep the prices of most petroleum products unchanged from May levels, while slightly increasing the price of diesel, in a move that partially diverges from actual international cost movements, according to an Energy Ministry statement.

 

The committee said the decision aligns with government directives aimed at easing the impact of rising global fuel prices on citizens and key economic sectors.

 

It noted that it had reviewed international fuel prices during May and compared them with April, highlighting the government’s continued policy since the onset of the regional crisis of absorbing a significant share of global price increases rather than passing them fully on to consumers.

 

According to the committee, cumulative direct government subsidies during the crisis have reached around JD170 million, while subsidies under the June pricing mechanism are estimated at about JD29 million, in addition to JD3 million in targeted support for the industrial sector to enhance market stability and productive activity.

 

As part of measures to support vital sectors, the committee capped the price of liquefied petroleum gas (LPG) for industrial use at JD695.81 per tonne, compared with an actual market cost of JD929.58 per tonne.

 

Under the new pricing structure, the price of 90-octane gasoline remains at 1,000 fils per litre, while 95-octane gasoline is unchanged at 1,310 fils per litre. Kerosene also remains steady at 550 fils per litre, and the price of a 12.5-kilogramme household gas cylinder stays at JD7, despite higher global procurement costs.

 

Domestic aviation fuel was reduced by 10 fils per litre to 783 fils, while diesel was increased by 60 fils per litre to 850 fils per litre.

 

The committee said the actual market costs for June stood at 1,069 fils per litre for 90-octane gasoline, 1,310 fils for 95-octane, 960 fils for diesel, and 943 fils for kerosene, while the real cost of a household gas cylinder reached JD12.3.

 

It added that the government absorbed the full increase in costs for gasoline, kerosene and cooking gas cylinders, while passing on around 35 per cent of the global price increase in diesel.

 

The committee said the decision reflects an effort to balance actual costs with domestic pricing, in line with government policy to shield the local economy from global price volatility while gradually narrowing cost gaps over time.