Saudi Arabia has the cheapest petrol prices in the Gulf region but is behind Venezuela in a global list of the lowest fuel costs, according to a new report.
Home to nearly a fifth of the world's oil reserves, Saudi Arabia is the largest exporter of petroleum and a major player on the global energy stage. With 90 percent of its earnings coming from oil, it is hardly surprising that citizens only pay an average of around $0.127 per litre at the petrol pumps.
HERE
Home to nearly a fifth of the world's oil reserves, Saudi Arabia is the largest exporter of petroleum and a major player on the global energy stage. With 90 percent of its earnings coming from oil, it is hardly surprising that citizens only pay an average of around $0.127 per litre at the petrol pumps.
HERE
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