Posted by : Aahil Shaik Saturday, October 10, 2020
Saudi Aramco reduces Fuel prices in the Kingdom for October 2020
Saudi Aramco announced the new updated gasoline prices in the Kingdom as per the periodic review, The new prices of fuel will be in effect from Today (11th October 2020) until the 10th November 2020. The company will announce updated prices every month on the 10th day.
The new Fuel prices in the Kingdom of Saudi Arabia starting from Today are
Gasoline 91 : 1.44 SR per liter (Earlier 1.47 SR)
Gasoline 95 : 1.59 SR per liter (Earlier 1.63 SR)
Diesel : 0.52 SR per liter (Earlier 0.52 SR)
Kerosene : 0.70 SR per liter (Earlier 0.70 SR)
LPG : 0.75 SR (Earlier 0.75 SR)
- According to the company, the local prices of Gasoline are subject to change depending on changes in the export prices from the Saudi Arabia to the international markets, Hence the costs will fluctuate as per the changes.
- This is as per the governance procedures of pricing adjustment of approved energy and water products said the Saudi Aramco company.
- Saudi Aramco provides fuels to meet the daily renewable needs of engines, as both types of gasoline 91 and 95 are available to meet the needs of cars that run on gasoline, and diesel fuel is also available for trucks and other vehicles.
- It indicated that to ensure the quality of the fuel throughout its production cycle from the source until it reaches the customer’s tank, the fuel is subjected to numerous tests and issued certificates. It is also injected with various dyes to facilitate the task of visually identifying it and controlling its quality during pumping, indicating that all types of petrol have a lead-free function.