Kingdom of Saudi Arabia may increase the petrol & jet fuel prices by 80% this year. First change might happen in Riyadh to reduce it budget deficiency it would increase the Petrol Pries first than the other forms of Gasoline.
Domestic Petrol Prices may Rise Up to 80% in Saudi Arabia and would be matching the price of International Petrol Rates of other countries.
Saudi is heading towards a being costlier to all the expatriates living in Saudi Arabia. Most of the Expats are just worried what may come next
According to Bloomberg, the person said that the government was planning to increase other fuel prices gradually between 2018 and 2021, but gasoline and jet fuel would only be subject to a one time raise before the end of 2017