Saudi Arabia is not planning further hikes in fuel and gasoline retail prices in the coming years, the Ministry of Energy, Industry and Mineral Resources said on Friday, denying social media reports.
The ministry confirmed that these speculations "were completely false and inaccurate".
The Saudi government raised domestic gasoline sale prices on Jan. 1, as part of the Fiscal Balance Program aimed to correct retail energy selling prices, curb the rapid growth of domestic consumption and ensure efficient use of national resources, Argaam reported.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}