SAUDI ARABIA

Saudi Arabia slashes fuel prices substantially

May 11, 2020



Saudi Gazette report

RIYADH —
Saudi Aramco has reduced fuel prices in the Kingdom starting Monday (May 11), Saudi Press Agency (SPA) reported early Monday.

Gasoline 91 will now be priced at SR0.67 per liter in place of SR1.31, while gasoline 95 will be priced at SR0.82 per liter from SR1.47 in the previous month.

The new prices have come into effect on Monday. According to Saudi Aramco, this is in accordance with the governance procedures of pricing adjustment of approved energy and water products.


May 11, 2020
34231 views
HIGHLIGHTS
SAUDI ARABIA
hour ago

PIF reports 19% growth in assets under management, $171 billion invested in priority sectors since 2021

SAUDI ARABIA
16 hours ago

Nazaha: 30 government employees arrested for facilitating unauthorized pilgrims to perform Hajj

SAUDI ARABIA
17 hours ago

Italian PM Meloni calls Saudi Crown Prince to discuss developments in Gaza