Saudi Aramco increases fuel prices

Saudi Aramco on Friday announced an increase in fuel prices, Saudi Press Agency (SPA) reported.

According to the SPA, gasoline 91 will be priced at SR1.29 per liter, up from SR0.98 per litter. Gasoline 95 is now priced at SR1.44 per liter, compared to SR1.18.

From the month of February this year, local fuel prices are being updated on the 10th day of each month, rather than each quarter.

Fuel prices in the Kingdom are linked with export prices in the world market. Therefore, prices fluctuate according to changes in the international market, the company said.