Search results
Results From The WOW.Com Content Network
As of 2012 petrol in Saudi Arabia was sold at a price cheaper than bottled water—approximately US$0.13 per litre ($0.50 per US gallon). [16] According to Jim Krane, "Saudi Arabia now consumes more oil than Germany, an industrialized country with triple the population and an economy nearly five times as large."
The price for over-quota consumption and the imported cars were $0.70 US per liter. The energy price reform included a cash-rebate program through which each person received 455,000 rials ($15 US) per month from the government. The overall consumption of gasoline after the reform decreased from about 65 million liters per day to about 54 ...
While petrol stations in Saudi Arabia are privatised, the prices are regulated by the authorities and have a fixed at SR 1.44 (US$0.38) and SR 2.10 (US$0.56) (as of 14 April 2019) per litre respectively; and is currently being increased at a quarterly rate to bring it up to the worldwide average by 2020. Prior to 2006, only Super Premium RON 95 ...
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries ...
For premium support please call: 800-290-4726 more ways to reach us
Asia's gasoline margin rose nearly 10% to $9.56 a barrel on Tuesday, the highest since 2018, while the naphtha crack surged about 95% to its highest since March at $64.70 a tonne following the ...
After the destruction of Hurricane Katrina in the United States, gasoline prices reached a record high during the first week of September 2005. The average retail price was, on average, US$3.04 per U.S. gallon. [19] The average retail price of a liter of petrol in the United Kingdom was 86.4p on October 19, 2006, or $6.13 per gallon. [20]
He said: "Despite its significant long-term potential, hydrogen still costs in the range of $200 to $400 per barrel of oil equivalent, while oil and gas remain much cheaper.