Question 1

Who sets fuel prices in Saudi Arabia?

Accepted Answer

Saudi Aramco, the world's largest oil company and majority state-owned, sets retail fuel prices in Saudi Arabia. Prices are adjusted periodically based on global oil markets and government policy. Unlike UAE's monthly committee, Saudi price changes are less predictable in timing.

Question 2

Why are Saudi fuel prices so low?

Accepted Answer

Saudi Arabia subsidises fuel prices for domestic consumers as part of a long-standing policy. While Vision 2030 has led to price increases compared to pre-2016 levels, prices remain well below global averages. The Kingdom balances affordability for citizens with fiscal sustainability.

Question 3

Is there VAT on fuel in Saudi Arabia?

Accepted Answer

Yes. Saudi Arabia introduced a 15% VAT in 2020 (raised from 5%), which applies to fuel purchases. This VAT is typically included in the published pump price, unlike some countries where it is shown separately.

Question 4

What petrol grade does Saudi Aramco recommend for most cars?

Accepted Answer

Special 95 (95 RON octane) is the standard grade suitable for most passenger vehicles sold in Saudi Arabia. Super 98 is recommended for high-performance and luxury vehicles. Check your owner's manual for the minimum octane requirement.

Saudi Arabia Fuel Prices — May 2026

Historical Chart (12 Months)

Saudi Arabia Fuel Prices

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