A look at GCC fuel prices for December

02/12/2018 Argaam Special

 

The UAE, Oman and Qatar have cut diesel and petrol prices for December 2018 as compared to the previous month.

 

The UAE continued to have the highest fuel prices followed by Oman and Qatar while Kuwait recorded the lowest fuel prices among the GCC countries for December.

 

Saudi Arabia hiked retail gasoline and maintained diesel prices in the first quarter of 2018, as part of fiscal reforms to reduce state budget's dependence on crude oil revenue.

 

Fuel Prices across GCC – December 2018

Kuwait

(Fils)

Oman

(Baisa)

Bahrain

(Fils)

Qatar

(QAR)

UAE*

(AED)

KSA*

(SAR)

 

105

223

200

1.85

2.25

2.04

Petrol (RON 95)

85

211

140

1.80

2.05

1.37

Petrol (RON 91)

115

251

120

2.00

2.61

0.47

Diesel

*Prices are inclusive of VAT.

 

Fuel Prices in GCC -  December 2018 (USD)

Kuwait

Oman

Bahrain

Qatar

UAE

KSA

 

0.35

0.58

0.53

0.51

0.61

0.54

Petrol (RON 95)

0.28

0.55

0.37

0.49

0.56

0.37

Petrol (RON 91)

0.38

0.65

0.32

0.55

0.71

0.13

Diesel

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