Saudi Arabia Raises Fuel Price

petrol price

Saudi Arabia raised the fuel price of Octane 95 gasoline to SR2.18 from SR 2.10 last quarter and Octane 91 to SR1.53 from SR1.44 per liter, Saudi Aramco said in its press release. The change came into effect on July 14, as per reports.

Saudi Aramco reported that domestic gasoline prices are subject to change, rising and falling due to changes in export prices from the Kingdom to global markets.