Saturday, July 10, 2021
Saudi Arabia has fixed the Maximum local price ceiling for Gasoline
Starting from 10th July, Saudi Arabia has set the maximum local prices for gasoline, Octane 91 at 2.18 SR per liter and Octane 95 at 2.33 per liter.
The Executive Committee for the Governance of the Price Adjustment of Energy and Water Products announced the issuance of the generous directive to approve that the prices of gasoline for the month of June 2021. Trending : Saudi Arabia approves Moderna corona vaccine for use in the Kingdom
- The generous decision ensures that the state bears what may exceed the prices of the month of June upon the monthly periodic review of prices.
- This comes as part of Kingdom's efforts and from the wise leadership's keenness to reduce the living burdens of Saudi citizens and resident expatriates, and its continuous search to achieve the public interest, and support local economic activity.
- According to the generous directive, the prices of gasoline for the month of July 2021, which witnessed an increase of gasoline (octane 91 at 2.28 riyals), and gasoline (octane 95 at 2.44 riyals), will be subject to the approved ceiling, noting that the periodic review of prices continues without exceeding the above-mentioned ceiling. See Also : Saudi Arabia tops in list of largest companies in the Middle East
