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 |
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|
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.
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Fuel Prices in GCC - June 2018 (USD) |
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|
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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