Saudi Arabia cuts domestic gasoline prices

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Saudi Aramco has announced a reduction in domestic gasoline prices starting Saturday (Apr. 11), Saudi Press Agency reported.

Aramco’s Gasoline 91 grade will be priced at SR1.31 per liter from SR1.55 per liter in the previous month, while gasoline 95 grade will be priced at SR1.47 per liter from SR2.05.

The new prices will come into effect Saturday April 11, 2020. According to Saudi Aramco, this is in accordance with the governance procedures of pricing adjustment of approved energy and water products., noting that the domestic prices of gasoline are subject to change due to changes in export prices from the Kingdom to international markets.

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