Saudi Aramco issues new Petrol Price on the 10th of every month. Normally they increase or decrease it according to the market situations. Today they have released the new price which will be effective from tomorrow.
Last night Saudi Aramco issued new prices for January 2021. New Price became effective from Tuesday, 11 May 2021. According to Saudi Aramco, here are the new prices for 91 and 95
|Property||Old Price per Ltr||New Price per Ltr||Change per Ltr|
|Petrol 91||1.99||2.08||+0.09 Riyal|
|Petrol 95||2.12||2.23||+0.11 Riyal|
|Kerosene Oil||0.70||0.70||0.0 Riyal|
There is a little bit increase in Petrol Price of Petrol 91 and Petrol 95. However, Kerosene Oil and Diesel prices are the same as last month e.g April 2021.
Oil prices are increasing globally because of the resumption of flights in almost every corner of the world. Saudia has also announced flight for many countries with new air travel guidelines for 2021
Saudi Arabia is doing its best to fight Corona Virus and they fought very hard to keep Oil prices at compititive levels. Corona has effected this industry very badly and it is still not fully recovered from the jolts.
Saudi Arabia did well in its fight against Covid 19. They are not affected by the 2nd wave like the other countries as India, USA and Nepal. Pakistan is also Suffering from the third Wave and flights are closed for Pakistan.