Qatar Ranks Second In Petrol Prices

Qatar ranks No. 2 after neighbour Saudi Arabia, the world’s largest petroleum producer, in terms of low retail petrol prices in the Gulf.

Petrol here is the cheapest after Saudi Arabia, priced at $0.21 a litre. In Saudi Arabia, the rate is $0.14.

The fuel is the most expensive in the UAE in the region, at $0.74.

Kuwait, where the fuel is retailed for $0.23, ranks No. 3 after Saudi Arabia and Qatar in terms of cheaper motor fuel.

In Bahrain, the retail rate is $0.27, and in Oman $0.31, local Arabic daily Al Watan reported yesterday, citing the International Monetary Fund (IMF).

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Source News: Qatar Living