Fesco profits rise amid global oil rise

Future Energy Source Company Limited (Fesco) delivered strong full-year results, reflecting higher fuel volumes, an expanded retail network, and improved margins amid volatility in global oil markets."The company produced these results despite reduced fuel prices for the first three quarters, a softening of the economy since the passage of Hurricane Melissa in October 2025, and a sudden, significant and sustained fuel supply price increase and downstream margin compression since February 2026," the directors' report stated.

Raccontata dajamaica-gleaner.com