Saudi Aramco cuts local gasoline prices for May

11/05/2020 ِArgaam

 

Saudi Arabian Oil Co. (Saudi Aramco) announced on Monday its domestic gasoline prices for May.

 

Saudi Aramco reduced Octane 91 price to SAR 0.67 per liter for May 2020 from SAR 1.31 per liter in April. It also cut Octane 95 prices to SAR 0.82 per liter from SAR 1.47 per liter in April.

 

Last February, Saudi Aramco said starting from February 2020, domestic gasoline prices will be monthly updated on the 10th day of every month. The new prices will come into effect on the following day.

 

Local gasoline prices are subject to change, depending on the Kingdom’s export prices to international markets, Aramco added.

 

Gasoline Prices for May 2020 

Product

April (SAR/L)

May (SAR/L)

Octane 91

1.31

0.67

Octane 95

1.47

0.82

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