Saudi Aramco is one of the largest Petroleum and Natural Gas company in the Kingdom of Saudi Arabia has announced that domestic Gas prices will be reduced starting 20th October 2019.
Aramcos’s 91 Grade Petrol:
Reduced to 1.5 Riyals/ litre from 1.52 Riyals/litre
Aramcos’s 95 Grade Petrol:
Reduced to 2.05 Riyals/ litre from 2.18 Riyals/litre
Aramcos’s 91 grade petrol is used in most of the modern cars whereas Aramco’s 95 grade petrol is used for high performance cars.
Price reduction 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.