JUST IN: Saudi Arabia raises fuel prices

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JEDDAH — Saudi Aramco on Monday announced an increase in fuel prices, Saudi Press Agency (SPA) reported.

Gasoline 91 will be priced at SR1.43 per liter, up from SR1.29 per litter. Gasoline 95 is now priced at SR1.60 per liter as compared to SR1.44 in the month of July, according to SPA.

From the month of February this year, local fuel prices are being updated on the 10th day of each month, rather than each quarter.

Fuel prices in the Kingdom are linked with export prices in the world market, therefore, prices fluctuate according to changes in the international market, the company said.
Saudi Gazette report

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