Saudi Arabia gasoline price announcement for February 2021, Aramco’s new update

The price of gasoline in Saudi Arabia for the month of February 2021, citizens of the Kingdom of Saudi Arabia and residents of its lands are waiting for the date of announcement of new gasoline prices in Saudi Arabia, February 2021, which will be announced in the coming days by Saudi Aramco, which specializes in oil matters in Saudi Arabia, where gasoline prices are determined on a monthly basis according to a number of the various factors on the basis of which fuel prices oil are determined, including the local market price, the world market price and according to the price of the barrel of oil, and it is expected that the company will announce the new gasoline prices, which are expected by thousands of residents of ‘Saudi Arabia, whether from the people of the Kingdom or from various Arab nationalities.

New petrol prices announced in Saudi Arabia, February 2021

The price of gasoline in Saudi Arabia will be announced for February 2021, according to the date set by the Saudi Aramco Petroleum Company, which is the tenth day of each month. Prices are reviewed before being officially announced. Local and international economists expect expected gasoline prices to either rise or fall after meeting experts’ expectations. Energy and economics specialists, and with the start of this month, everyone is waiting for the moment to announce the new prices, which are expected to be announced next Wednesday, February 10, 2021.

The price of gasoline in Saudi Arabia for February 2021, Aramco

Saudi Aramco is working to monitor the Saudi market ahead of announcing new gasoline prices so that petroleum product prices are tailored to citizens, and gasoline prices in recent months have been adjusted to Kingdom citizens, residents of its land and to all cars. drivers in Saudi lands, gasoline prices having been remarkably stable in about five months Last January the gasoline price was 1.62 Saudi Riyals per liter of gasoline 91 and 1 , 75 Saudi Riyals per liter of petrol 95, while the price of a liter of diesel was 0.52 halala and the price of a liter of kerosene was 0.70 halalas.

Gasoline prices in the Kingdom of Saudi Arabia

Petrol prices in the Kingdom of Saudi Arabia were recorded last December at 1.44 Saudi Riyals for 91 petrol, 1.58 for 95 petrol and in December 91 petrol recorded a price of 1.42 riyals and 1.53 for 1.53 gasoline, while gasoline prices were set in October and November 2020 at 1.44 liters of 91 gasoline, 1.58 and 1.59 liters of 95 gasoline. The new prices for February 2021 are scheduled to be announced in the coming days, and will be applied on the morning of the eleventh of the same month.

Average gasoline prices are expected in Saudi Arabia for the February 2021 update as follows: –

Saudi Aramco will announce today that the price of gasoline will be reviewed on Wednesday February 10 at 11 p.m., provided that the application date is from 12 p.m. on Thursday February 11. Gasoline will begin to sell at its new price at this time, and it should be noted that oil prices have increased around the world. The price of fuel is also expected to rise in Saudi Arabia.

We will follow with you the addition of the gasoline price update in the new Saudi Arabia, the February update, immediately after Aramco’s announcement with the early morning hours of February 10, 2021 .

1. New gasoline prices in Saudi Arabia for February 2021