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Saudi Arabia Fuel Prices: Retail: Gasoline 91 data was reported at 2.180 SAR/l in Apr 2025. This stayed constant from the previous number of 2.180 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data is updated monthly, averaging 2.180 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 2.180 SAR/l in Apr 2025 and a record low of 1.290 SAR/l in Jul 2020. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]
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Saudi Arabia Fuel Prices: Retail: Gasoline 95 data was reported at 2.330 SAR/l in Apr 2025. This stayed constant from the previous number of 2.330 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Gasoline 95 data is updated monthly, averaging 2.330 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 2.330 SAR/l in Apr 2025 and a record low of 1.440 SAR/l in Jul 2020. Saudi Arabia Fuel Prices: Retail: Gasoline 95 data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]
Between January 2022 and June of 2024, the average price of petrol per liters in Saudi Arabia stood stable at 2.33 Saudi Riyal. In comparison, the price per liters of petrol in Saudi Arabia was around 1.25 Saudi Riyal in the first half of 2020.
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Gasoline Prices in Saudi Arabia remained unchanged at 0.62 USD/Liter in June. This dataset provides the latest reported value for - Saudi Arabia Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Saudi Arabia Fuel Prices: Retail: Diesel data was reported at 1.660 SAR/l in Apr 2025. This stayed constant from the previous number of 1.660 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Diesel data is updated monthly, averaging 0.630 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 1.660 SAR/l in Apr 2025 and a record low of 0.520 SAR/l in Dec 2021. Saudi Arabia Fuel Prices: Retail: Diesel data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]
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Saudi Arabia: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.24 dollars, an increase from 0.16 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Saudi Arabia from 1995 to 2016 is 0.19 dollars. The minimum value, 0.16 dollars, was reached in 1995 while the maximum of 0.24 dollars was recorded in 2000.
This dataset contains Saudi Arabia Domestic Retail Prices of Petroleum Derivatives 2005-2015 Ministry of Energy, Industry and Mineral Resources Prices, Diesel, Kerosene, Liquefied Petroleum Gas, Premium Gasoline, Export API data for more datasets to advance energy economics research
The 2025 annual OPEC basket price stood at ***** U.S. dollars per barrel as of June. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.
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Saudi Arabia Oil Prices: Retail: Arabian Light data was reported at 48.430 USD/Barrel in 2017. This records an increase from the previous number of 38.320 USD/Barrel for 2016. Saudi Arabia Oil Prices: Retail: Arabian Light data is updated yearly, averaging 36.982 USD/Barrel from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 93.060 USD/Barrel in 2012 and a record low of 9.066 USD/Barrel in 1970. Saudi Arabia Oil Prices: Retail: Arabian Light data remains active status in CEIC and is reported by Saudi Arabian Monetary Authority. The data is categorized under Global Database’s Saudi Arabia – Table SA.P012: Energy Prices. Real Retail Oil prices have been calculated by using the Consumer Price Index in industrial countries.
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About the ProjectWe developed the KAPSARC Energy Model for Saudi Arabia (KEM-SA) to understand the dynamics of the country’s energy system. It is a partial equilibrium model formulated as a mixed complementarity problem to capture the administered prices that permeate the local economy. KEM-SA has been previously used to study the impacts of various industrial fuel pricing policies and improved residential efficiency on the energy economy. The passenger transportation model presented in this paper helps understand more of the end-use energy demand.Key PointsIn 2016, policymakers in Saudi Arabia increased domestic transportation fuel prices, which are expected to approach market levels in the near future. Current low crude oil prices offer an excellent opportunity for policymakers to deregulate the passenger transportation sector without a significant change in local fuel prices. We developed a bottom-up transportation sub-model and integrated it with the KAPSARC Energy Model (KEM) to assess whether consumers could afford such reforms; and the resulting travel mode choices, energy consumption levels and revenue. We do not consider price-induced efficiency improvements; hence, the results would represent an upper bound for the shift to public modes.Despite a deregulation of the passenger transportation sector, Saudi households would continue to allocate one of the lowest transport budgets (as a percentage of income) in Gulf Cooperation Council (GCC) countries and also stay within Saudi Arabian historical boundaries.Deregulating fuel prices would encourage consumers to travel by more efficient public transport modes, as they become available in the near future, leading to significant energy savings and CO2 emissions reductions of between 4 million to 26 million metric tons (mt) per year.The Kingdom would receive an annual average $8.2 billion as additional revenue from domestic sales and exports in the varying crude price scenario and $5 billion in the fixed $60/bbl scenario.Despite the increase in transport fuel price, the net gain for Saudi Arabia in the varying crude oil price scenario remains positive as a result of substantial increase in revenue and the introduction of more convenient public travel modes.Our findings show that analyzing energy policies using empirical estimates are generally valid even for large variations in price; however, if new transport modes and technologies are introduced in Saudi Arabia, consumer response may be slightly greater than that of empirical estimate, which did not account for such new modes.
According to projections for 2025, the fiscal breakeven oil price for Saudi Arabia was **** U.S. dollars per barrel. The projections for Saudi Arabia's external breakeven oil price for the same period were at ** U.S. dollars per barrel. Saudi oil industry Saudi Arabia’s oil industry entails ** percent of the world’s proven petroleum reserves. Their oil reserves were expected to exceed ** billion metric tons by 2020. Its oil sector accounted for about half of the country’s GDP in 2018, and about ** percent of their export income, as their oil reserves are the second largest in the world and they are the world’s leading petroleum exporter. Saudi Arabia has an advantage over other oil-producing countries as the extraction process is cheaper and easier relative to other regions. The petroleum is handled and mostly controlled by Saudi Aramco which is a public company and the most profitable country in the world as of 2019. The highest value petrochemicals project in the country in 2020 was the Amiral Complex: Ethylene & Propylene Plant. Saudi economy Saudi Arabia is the world’s leader in petroleum exportation. They also had the fifth-largest natural gas reserve in 2019. However, their significant reliance on these natural resources compelled the government to launch its Saudi Vision 2030, which aims on expanding their resources. As a result, in the first quarter of 2019, Saudi Arabia's budget has accomplished its first surplus since 2014 of more than ** billion U.S. dollars due to the increase of both the oil and non-oil revenues. Public debt witnessed a significant increase in 2020 following the COVID-19 pandemic but was expected to slowly decrease in the following years. Non-oil revenues accounted for about ** percent of the country’s revenue in 2019 . The largest non-oil contributor to the country’s GDP was government services.
Explore the dataset of Saudi Arabia's nominal and real oil prices . Analyze NOMINAL OIL PRICE : OPEC BASKET, REAL OIL PRICE : Arabian Light, REAL OIL PRICE : OPEC BASKET, and more.
NOMINAL OIL PRICE : OPEC BASKET, REAL OIL PRICE : Arabian Light, REAL OIL PRICE : OPEC BASKET, REAL OIL PRICE : North Sea (Brent), NOMINAL OIL PRICE : North Sea (Brent), NOMINAL OIL PRICE : Arabian Light,Price, SAMA Annual
Saudi Arabia Follow data.kapsarc.org for timely data to advance energy economics research..Important notes:Base Year: 2005.Real prices have been calculated by using the OPEC Basket Deflator.
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Saudi Arabia Fuel Prices: Retail: LPG data was reported at 1.040 SAR/l in Apr 2025. This stayed constant from the previous number of 1.040 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: LPG data is updated monthly, averaging 0.900 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 1.040 SAR/l in Apr 2025 and a record low of 0.750 SAR/l in May 2022. Saudi Arabia Fuel Prices: Retail: LPG data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]
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Crude Oil Price in Saudi Arabia - 2021. Find the latest marketing data on the IndexBox platform.
The global fuel energy price index stood at 153.15 index points in May 2025, up from 100 in the base year 2016. Figures decreased that month due to lower heating fuel demand and a fall in crude oil prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Global ramifications of the Russia-Ukraine war The invasion of Ukraine by Russia played a role in the surge of global inflation rates. Notably, Argentina bore the brunt, experiencing a hyperinflation rate of 92 percent in 2022. The war also exerted a significant impact on global gross domestic product (GDP) growth. Saudi Arabia emerged with a notable increase of nearly three percent, as several Western nations shifted their exports from Russia to Middle Eastern countries due to the sanctions imposed on the former.
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Saudi Arabia Fuel Prices: Retail: Kerosene data was reported at 1.330 SAR/l in Apr 2025. This stayed constant from the previous number of 1.330 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Kerosene data is updated monthly, averaging 0.810 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 1.330 SAR/l in Apr 2025 and a record low of 0.700 SAR/l in May 2022. Saudi Arabia Fuel Prices: Retail: Kerosene data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]
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Saudi Arabia SA: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.120 USD in 2016. This records an increase from the previous number of 0.070 USD for 2014. Saudi Arabia SA: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.090 USD from Dec 1995 (Median) to 2016, with 11 observations. The data reached an all-time high of 0.120 USD in 2016 and a record low of 0.067 USD in 2012. Saudi Arabia SA: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;
The projected fiscal breakeven oil price in Saudi Arabia in 20221 was 65.7 U.S. dollars per barrel. This was a decrease from 76.2 U.S. dollars per barrel in 2021.
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In September 2024, the average olive oil import price amounted to $7,887 per ton, rising by 26% against the previous month.
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Graph and download economic data for Oil Real GDP Growth in Constant Prices for Saudi Arabia (SAUNGDPORPCHPT) from 2000 to 2025 about Saudi Arabia, REO, oil, real, GDP, and rate.
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Saudi Arabia Fuel Prices: Retail: Gasoline 91 data was reported at 2.180 SAR/l in Apr 2025. This stayed constant from the previous number of 2.180 SAR/l for Mar 2025. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data is updated monthly, averaging 2.180 SAR/l from Jul 2020 (Median) to Apr 2025, with 58 observations. The data reached an all-time high of 2.180 SAR/l in Apr 2025 and a record low of 1.290 SAR/l in Jul 2020. Saudi Arabia Fuel Prices: Retail: Gasoline 91 data remains active status in CEIC and is reported by Saudi Arabian Oil Company. The data is categorized under Global Database’s Saudi Arabia – Table SA.P016: Fuel Prices. [COVID-19-IMPACT]