Saudi Aramco To Cut Jet Fuel Prices Domestically-SPA
Jet fuel prices will be cut by 15 halalas per litre at Riyadh and Jeddah airports and by 20 halalas per litre at other airports.
Saudi Arabia has instructed national oil company Saudi Aramco to cut jet fuel prices for airlines using airports in the kingdom, according to a cabinet meeting on Monday.
Accordingly, jet fuel prices will be cut by 15 halalas ($0.04) per litre at Riyadh and Jeddah airports and by 20 halalas per litre at other airports.
The national carrier, Saudi Arabian Airlines, unlike other airlines, receives subsidised jet fuel.