Saudi Arabia

Saudi Arabia to Increase Domestic Petrol Prices in January

Saudi Arabia has approved a new round of energy price hikes and a cash handout system for low- and middle-income citizens to offset the impact of the changes.

The cabinet approved the “gradual correction of pricing for some energy products”, including electricity tariffs, state news agency SPA said on Tuesday.

The kingdom will announce increases in the domestic prices of gasoline, jet fuel and diesel in the first quarter of next year (Expecting by January), bringing prices up into line with global benchmarks, the energy ministry said on Tuesday.

Read: What Is The Difference Between 91 And 95 Octane Gasoline? Which One Should You Use?


Mohammed Ameen is a blogger and SEO specialist with more than ten years of living experience in the Middle East. He has a postgraduate degree in business administration and is passionate about blogging and travelling.
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