Saudi Arabia's Aramco announced Friday cutting the local price for Octane 95 gasoline to 2.02 riyal per liter.
The change goes into effect on January 12 until March 2019, the company said in a statement.
Petrol price (91) will rest at 1.37 SR per liter for the same period.
This is in accordance with the governance procedures for the adjustment of prices of energy and water products approved by the government.
Local prices of gasoline are subject to change, depending on the changes in the prices of the Kingdom's exports to international markets.