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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Saudi Aramco Revises Fuel Prices in Kingdom

A man walks at a petrol station in Riyadh, Saudi Arabia October 8, 2017. (Reuters)

Saudi Arabia raised the local price for Octane 95 gasoline to 2.10 Riyals from 2.02 Riyals last quarter and Octane 91 to 1.44 Riyals from 1.37 Riyals per liter, state oil firm Saudi Aramco said on Saturday.

The change goes into effect on April 14, the company said in a statement, adding that domestic gasoline prices go up or down according to changes in export prices from Saudi Arabia to global markets.

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.

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