Saudi Aramco has announced a reduction in fuel prices in the Kingdom, the company said in a statement.

It mentioned that it provides octane 91 at a price of SR1.31 per liter, which dropped from SR1.55 per liter in the previous month, octane 95 will be sold at a price of SR1.47 per liter down from SR2.05, while diesel was priced at SR 0.47

The company added that these new prices were activated on April 11 in line with the procedures of pricing adjustment of approved energy and water products.

Fuel prices change in the Kingdom is based on the export prices in the world market which is affected by changes in the international market, the company elaborated.