Saudi Aramco has reduced gasoline prices by more than half in the Kingdom, according to the website "Al Arabiya.net"
The new prices for gasoline are:
67 Halalas / liter of benzene, of ninety-one type, and 82 halalas per liter of gasoline, of ninety-five type.
Aramco reported that the implementation of these prices will be from Monday.
Aramco has indicated that station owners and consumers can follow the monthly price update through the Saudi Aramco website.
The price adjustment comes in accordance with the governance procedures for adjusting prices for energy and water products.
Aramco noted that the domestic prices of gasoline are subject to change, up and down, according to changes in export prices from the Kingdom to international markets