Cabinet approves gasoline price increase

Custodian of the Two Holy Mosques chairs a Cabinet meeting in Riyadh on Monday. (SPA)

Custodian of the Two Holy Mosques chairs a Cabinet meeting in Riyadh on Monday. (SPA)


The Cabinet on Monday approved increases in the price of gasoline across the Kingdom effective Monday, the first of a series of “comprehensive economic, fiscal, and structural reforms” recommended by the Ministry of Finance.

Octane 91 will now cost 75 from the current 45 halalas. Octane 95 will increase to 90 halalas from the current 60 halalas, a Cabinet announcement carried by the Saudi Press Agency (SPA) said.


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