Saudi Aramco Says to Update Gasoline Prices on Monthly Basis

Saudi Aramco Says to Update Gasoline Prices on Monthly Basis
TT

Saudi Aramco Says to Update Gasoline Prices on Monthly Basis

Saudi Aramco Says to Update Gasoline Prices on Monthly Basis

Saudi Aramco announced the updated gasoline prices in Saudi Arabia starting Sunday. Gasoline 91 will be sold at SAR 1.55 per liter, while gasoline 95 will be priced at SAR 2.11 per liter.

From now on, domestic gasoline prices will be monthly updated on the 10th day of every month.

The new prices will come into effect on the following day.

It also said that local prices of gasoline are subject to change due to changes in export prices from the Kingdom to international markets



GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024
TT

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

GASTAT: Saudi Non-oil Exports Increased by 19.7% in November 2024

Saudi Arabia’s General Authority for Statistics (GASTAT) released the international trade publication for November 2024, revealing a 19.7% increase in non-oil exports compared to November 2023.
The publication also highlighted an 82.9% rise in the value of re-exported goods during the same period, while merchandise exports decreased by 4.7% and imports grew by 13.9%, SPA reported.
It also showed that chemical products are among the most significant non-oil exports, accounting for 24.0% of the total, a 1.6% decrease compared to November 2023.
Plastics, rubber, and their products, which represented 21.7% of total non-oil exports, recorded a 4.0% increase compared to November 2023.
Machinery, electrical equipment and their parts accounted for 28.1% of total imports, showing a 22.4% increase compared to November 2023. Transportation equipment and their parts, representing 14.2% of total imports, also saw a 22.0% increase compared to November 2023.
The publication revealed that total exports reached SAR90.5 billion, total imports totaled SAR73.7 billion, and the trade balance stood at SAR16.8 billion.