Petrol Prices hiked due to VAT increase for 10 days

Petrol Prices hiked in Saudi Arabia

Petrol Prices hiked – Saudi Aramco has updated the petrol prices after the introduction of the new 15% VAT by the government in Saudi Arabia. Petrol and other fuel prices for July 1st until 10th 2020, at a time when oil prices are fluctuating amid fears on global pandemic due to the spread of the Coronavirus.

Gasoline prices for July 1st until 10th 2020 (SAR/liter) are;

Gasoline 91

ِBefore: SAR 0.90 per liter
New Price: SAR 0.98 per liter

Gasoline 95

Before: SAR 1.08 per liter
New Price: SAR 1.18 per liter.

Diesel: 0.52 SAR/Liter

Kerosene: 0.70 SAR/Liter

LPG: 0.75 SAR/Liter

This is in accordance with the governance procedures for adjusting the prices of energy and water products approved by the government.

Note that the local prices of gasoline or fuel are subject to change, according to changes in export prices from Saudi Arabia to the global markets.

Source: Saudi Aramco

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