Saudi Aramco revises local gasoline prices

12/01/2019 Argaam

 

State-owned Saudi Aramco has updated the prices of gasoline for the first quarter of 2019 as of today, Jan. 12, the oil firm said on its website.

 

Aramco kept Octane 91 price unchanged at SAR 1.37 per liter for Q1, while it reduced Octane 95 to SAR 2.02 per liter from SAR 2.04 per liter in the previous quarter.

 

The move comes as part of the governance procedures to adjust fuel and water prices, as approved by the government, it said.

 

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

 

Fuel Price Changes for Q1-2019

Product

Q4-2018 (SAR/L)

Q1-2019 (SAR/L)

Octane 91

1.37

1.37

Octane 95

2.04

2.02

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