Saudi Arabia has many wonderful natural resources, but oil remains the most famous. This oil, extracted and processed by the world’s largest oil company, Aramco, becomes the fuel that powers vehicles and machinery around the world. Including gasoline, the price of which has become an essential part of citizens’ daily lives.
Recently, the price of 95 gasoline, which is considered one of the best quality, reached its peak, as prices in Saudi Arabia reached 2.14 riyals per liter, and the lowest prices were last recorded in March at 1.94 riyals, and the highest prices were recorded last June at 2.33 riyals.
Aramco raises prices
Saudi Aramco reacts to these price fluctuations frequently, updates global gasoline prices, and after that, these prices are processed at all petrol stations in Saudi Arabia. This latest update was a response from the company to citizens’ desire to obtain gasoline through it.
What are the new prices from Aramco?
With the beginning of 2023, Aramco announced its latest update on gasoline prices. The price of 90-octane gasoline was 2.18 riyals, while the price of 95-octane gasoline was 2.33 riyals. The price of kerosene was 0.70 riyals, the price of liquid petroleum was 0.75 riyals, and the price of gasoline and diesel was 0.52 riyals.
Knowing the price of petrol is important, but fully understanding the topic requires looking at the broader context. Gasoline 90, 92, and 95 refer to the high quality of gasoline, so gasoline 95 is the least in impurities and the most available among the other types. It should be noted that the average price of gasoline in the world now is 5.79 Saudi riyals per liter.
2023-07-21 02:07:52
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