Middle East Economic Survey

VOL. XLIX

No 47

20-Nov-2006

SAUDI ARABIA

Saudi Aramco To Raise 95-RON Gasoline Price By 25% In January, New Grade At Old Price

Saudi Aramco is to raise the price of 95-RON gasoline from SR0.60 to SR0.75/liter ($0.20/liter) from 1 January, reversing some of the price cut that was introduced in May (MEES, 8 May). The kingdoms new lower octane 91-RON gasoline grade will be introduced at the price of SR0.60/liter in line with the old price of the higher octane grade. Saudi...