A look at GCC fuel prices in June

31/05/2018 Argaam Special

 

Kuwait and Bahrain recorded the lowest fuel prices among GCC countries for June, while the United Arab Emirates (UAE) had the highest prices for the month, followed by Oman, Qatar, and Saudi Arabia.

 

Fuel Prices across GCC – June 2018

Kuwait

(Fils)

Oman

(Baisa)

Bahrain

(Fils)

Qatar

(QAR)

UAE*

(AED)

KSA*

(SAR)

 

105

226

200

2.10

2.63

2.04

Petrol (RON 95)

85

215

140

2.00

2.44

1.37

Petrol (RON 91)

115

249

120

2.05

2.71

0.45

Diesel

*Prices are inclusive of VAT.

 

Super grade petrol (98 octane) costs $0.54 (SAR 2.04) a liter in Saudi Arabia. The same grade costs $0.35 a liter in Kuwait and $0.53 a liter in Bahrain.

 

It also costs $0.72 a liter in the UAE, followed by Oman ($0.59 a liter), and Qatar ($.58 a liter).

 

Saudi Arabia hiked retail gasoline and maintained diesel prices in the first quarter of 2018, as part of fiscal reforms to reduce state budget's dependence on crude oil revenue.

 

Fuel Prices in GCC -  June 2018 (USD)

Kuwait

Oman

Bahrain

Qatar

UAE

KSA

 

0.35

0.59

0.53

0.58

0.72

0.54

Petrol (RON 95)

0.28

0.56

0.37

0.55

0.66

0.37

Petrol (RON 91)

0.38

0.65

0.32

0.56

0.74

0.12

Diesel

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