Kuwait Fuel Prices May 2026 — Super 98: 0.200 KWD/L

Kuwait Fuel Prices (KNPC)

Kuwait's fuel prices are among the lowest in the world, set by KNPC (Kuwait National Petroleum Company), a subsidiary of the state-owned Kuwait Petroleum Corporation (KPC). The government heavily subsidises fuel as part of its citizen welfare system — a tradition rooted in Kuwait's oil wealth that dates back to the 1950s.

Fuel grades available: Super 98, Special 95, E-Plus 91, and Diesel. Prices are in KWD per litre. Given KWD's high value, the per-litre price in KWD looks very low compared to other currencies, but it still reflects one of the most heavily subsidised fuel markets globally.

Kuwait's fuel subsidy programme has been a topic of economic reform discussions. While other GCC countries have moved toward market-linked pricing (UAE in 2015, Bahrain in 2018), Kuwait has been slower to reform its subsidy structure. Gradual reforms remain part of ongoing fiscal sustainability discussions under Kuwait's Vision 2035.

Frequently Asked Questions

Kuwait subsidises fuel heavily as part of its citizen welfare programmes, funded by oil revenues. This has been Kuwait's policy since the 1950s. While other GCC countries have deregulated fuel prices, Kuwait has maintained subsidies, though reform discussions are ongoing under Vision 2035.

KNPC (Kuwait National Petroleum Company) sets domestic retail fuel prices with government approval. Unlike UAE's monthly committee, Kuwait's price changes are infrequent and politically sensitive given the subsidy debate.

No. Kuwait has not implemented VAT, so there is no tax component on fuel prices. The price at the pump is the total cost.

Kuwait generally has lower fuel prices than both UAE and Saudi Arabia in absolute terms (per litre). However, when adjusted for the KWD's high value, the real subsidy comparison is more nuanced. Kuwait remains among the cheapest in the world for fuel.

Kuwait Fuel Prices — May 2026

Historical Chart (12 Months)

Kuwait Fuel Prices (KNPC)

Frequently Asked Questions