The United Arab Emirates (UAE) and Oman have cut diesel and petrol prices for July 2018 compared to the previous month.
Qatar has maintained the same prices of diesel and RON 91 while it has cut RON 95 prices.
UAE continued to have the highest fuel prices followed by Oman and Qatar while Kuwait recorded the lowest fuel prices among GCC countries for July.
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.
Bahrain has also revised prices of both types of retail gasoline for 2018.
|
Fuel Prices across GCC – July 2018 |
||||||
|
Kuwait (Fils) |
Oman (Baisa) |
Bahrain (Fils) |
Qatar (QAR) |
UAE* (AED) |
KSA* (SAR) |
|
|
105 |
225 |
200 |
2.05 |
2.56 |
2.04 |
Petrol (RON 95) |
|
85 |
214 |
140 |
2.00 |
2.37 |
1.37 |
Petrol (RON 91) |
|
115 |
245 |
120 |
2.05 |
2.66 |
0.47 |
Diesel |
*Prices are inclusive of VAT.
|
Fuel Prices in GCC - July 2018 (USD) |
||||||
|
Kuwait |
Oman |
Bahrain |
Qatar |
UAE |
KSA |
|
|
0.35 |
0.59 |
0.53 |
0.56 |
0.70 |
0.54 |
Petrol (RON 95) |
|
0.28 |
0.56 |
0.37 |
0.55 |
0.65 |
0.37 |
Petrol (RON 91) |
|
0.38 |
0.64 |
0.32 |
0.56 |
0.72 |
0.13 |
Diesel |
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