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Wed, 20 Nov 2019 17:25 GMT

Aramco Cuts Domestic Gasoline Prices in Q4 2020

Business

7Dnews London

Sat, 19 Oct 2019 22:24 GMT

Saudi oil company Aramco announced cutting domestic gasoline prices during the fourth quarter of 2020 to 1.50 Riyals per litre for 91 grade and 2.05 riyals per litre for 95 grade, state's news agency reported.

Prices of 91 grade and 95 grade were 1.53 and 2.18 riyals per litre respectively during the third quarter. New prices will be applied starting Sunday October 20 until December, SPA reported.

This comes in accordance with the procedures to govern the pricing adjustment of energy products and water, Aramco said, adding that the current prices of domestic gasoline may increase or decrease based on changes in the export prices from Saudi Arabia to global markets.


Middle East