Saudi Aramco has announce new Gasoline prices after the addition of 15% VAT on actual prices. The new prices of Petrol were increased from 1st of July 2020 with addition of Value Added Tax.
Increased Petrol Fuel Prices in Saudi Arabia
New Petrol or Gasoline Prices in Kingdom of Saudi Arabia from 1st July 2020 after the addition of VAT are give below:
Gasoline 91 Price in Saudi: 0.98 SAR / litre
Gasoline 95 Price in Saudi: 1.18 SAR / litre
Diesel Price in Saudi: 0.52 SAR / litre
Kerosene Price in Saudi: 0.70 SAR / litre
LPG Price in Saudi: 0.75 SAR / litre
This decision was taken by Saudi Aramco after adding VAT to the actual prices. Value added Tax was increased from 5% to 15% on all goods and services across kingdom of Saudi Arabia.