Late drop in fuel prices in Aden and Hadhramaut
English - Monday 30 March 2020 الساعة 03:43 pm
Aden, Newsyemen:
The oil company in Aden announced a new reduction in the price of petrol.
The company indicated that the new price per liter of petroleum would be "223", while a 20-liter would be sold at "4460".
The company stressed that the new reduction in the price of oil comes in line with the decrease in the prices of oil derivatives globally.
In the same context, the oil company in Hadhramaut, decided to reduce the price of petroleum and diesel in the stations starting from Monday.
The decision included reducing the price of petroleum to 220 riyals per liter, and the price of diesel to 240 riyals per liter.
The decision gave a 24-hour grace period to sell at the previous price, in order to reduce the expected losses of agents, and the relevant authorities also vowed to take deterrent measures against price manipulators.
This late decision comes in response to the world oil price, which fell to its lowest levels in the past three months.
