RIYADH, Oct 20 (KUNA) -- Saudi's Aramco announced reducing domestic gasoline prices from October 20 until Q4 2019.
The prices will be SR 1.50 (about USD 0.4) per liter for octane 91 and SR 2.05 (about USD 0.546) per liter for octane 95, said Aramco in a statement published by Saudi News Agency (SANA) on Sunday.
It added that prices for the July to September period were SR 1.53 for octane 91 and SR 2.18 for octane 95.
According to company, this step comes in accordance with the governance procedures of pricing adjustment of approved energy and water products.
It said that the domestic prices of gasoline are subject to change due to changes in export prices from Saudi Arabia to international markets. (end)