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Saudi Aramco Announces Review of Gasoline Prices for Q1 of 2019

Saudi Aramco Announces Review of Gasoline Prices for Q1 of 2019
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Saudi Aramco Announces Review of Gasoline Prices for Q1 of 2019

Saudi Aramco Announces Review of Gasoline Prices for Q1 of 2019

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.

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Tunisia Gets Offers in 75,000 T Soft Wheat Tender, Traders Say

Agricultural labourers harvest the wheat crop at Chadiala village in the northern Indian state of Punjab April 10, 2008. REUTERS/Ajay Verma (INDIA)
Agricultural labourers harvest the wheat crop at Chadiala village in the northern Indian state of Punjab April 10, 2008. REUTERS/Ajay Verma (INDIA)
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Tunisia Gets Offers in 75,000 T Soft Wheat Tender, Traders Say

Agricultural labourers harvest the wheat crop at Chadiala village in the northern Indian state of Punjab April 10, 2008. REUTERS/Ajay Verma (INDIA)
Agricultural labourers harvest the wheat crop at Chadiala village in the northern Indian state of Punjab April 10, 2008. REUTERS/Ajay Verma (INDIA)

The lowest price offered in the international tender from Tunisia's state grains agency on Thursday to purchase about 75,000 metric tons of soft wheat was believed to be $262.91 a ton cost and freight (c&f) included, European traders said.

Offers are still being considered and no purchase has yet been reported. The lowest offer is not always accepted if conditions attached to it are regarded as unattractive, Reuters reported.

The lowest offer was believed to have been submitted for optional-origin wheat by trading house Cargill for 25,000 tons, they said.

Cargill also made the next lowest offer of $263.91 also for 25,000 tons, they said.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.

Shipment was requested between May 20 and June 30 depending on origin supplied.