Retail prices
In Kuwait, the Ministry of Oil announces fuel prices every month. RON 91 and RON 95 prices have remained the same since 2021. However, the price of RON 98 grade was increased by 52% compared with the price in 2021. The following table shows gasoline retail prices in 2021 and 2023.
Current and previous gasoline retail prices
Grade | As of May 1, 2021 | As of October 1, 2023 |
RON 91 | Kuwaiti dinar (KWD) 0.085 (USD 0.283)/liter | KWD 0.085 (USD 0.274)/liter |
RON 95 | KWD 0.105 (USD 0.349)/liter | KWD 0.105 (USD 0.339)/liter |
RON 98 | KWD 0.165 (USD 0.549)/liter | KWD 0.250 (USD 0.807)/liter |
Source: Kuwait National Petroleum Company, 2023