Saudi Aramco cuts local gasoline prices for Q4 2019

20/10/2019 Argaam

 

State-owned Saudi Aramco has reduced the prices of local gasoline for the fourth quarter of 2019, as of today Oct. 20, 2019, it revealed.

 

Octane 91 price dropped to SAR 1.50 per liter from SAR 1.53, while Octane 95 was reduced to SAR 2.05 per liter versus SAR 2.18 per liter in the previous quarter.

 

The move comes as part of the governance procedures to adjust fuel and water prices. Local gasoline prices are subject to change, depending on the Kingdom’s export prices to international markets, Aramco added.

 

Fuel Price Changes for Q4-2019

Product

Q3-2019 (SAR/L)

Q4-2019 (SAR/L)

Octane 91

1.53

1.50

Octane 95

2.18

2.05


 

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