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Saudi Arab Petrol Prices
by Forbes Middle East Forbes Middle East - Business News
Saudi Arabia raised its petrol prices on January 1, 2018, kickstarting its plan to gradually wean the economy off energy subsidies and to curb the rising domestic energy consumption.
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Review on Saudi Arab Petrol Prices
The Ministry of Energy, Industry and Mineral Resources announced an 82% increase in the price of Octane 91 fuel from 20 cents per liter to 37 cents per litre. Meanwhile there is a 126% hike in 95 Octane prices, up from 24 cents per litre to 55 cents per litre. Despite the increase in oil prices, the Kingdoms petrol prices are the 15th lowest in the world, according to GlobalPetrolPrices.com.Related to Saudi Arab Petrol Prices
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About Forbes Middle East 
Forbes Middle East - Business News
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Created on Jan 2nd 2018 23:42. Viewed 599 times.
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