Jordan 90-octane fuel prices 2000-2026
A comparative table of crude oil and Octane 90 gasoline prices in Jordan from 2000 to 2026 shows that the price of a 20-liter can of gasoline has risen from about 6 dinars in 2000 to 20 dinars in May 2026, an increase of over 230%. During the same period, the average price of a barrel of Brent crude rose from $28 to $108.80, approximately a 290% increase. The comparison between 2012 and 2026 reveals that the price of a barrel of Brent decreased from $112 to $108.80, while the price of the can increased from 16 to 20 dinars. This indicates that the increases in local prices were not driven solely by global prices but also by components such as taxes and fees. The detailed analysis shows that more than half of the price of the can is due to taxes and levies, which consume a significant portion of the price. Projections suggest that the government could currently sell it for 15 dinars at a profit, as costs are covered while maintaining a profit margin. Additionally, the current pricing indicates that the price of the can exceeds its actual value, amid ongoing discussions about the fixed pricing mechanism, which may cause prices to rise steadily without being linked to global market fluctuations.
Notice: This Is an AI-Generated Summary
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