Cost of Diesel in Kuwait Today

Fuel Price in Kuwait - June 2022 - Updated on: 6/16/2022

Following the example of other Middle Eastern countries, Kuwait made some economic changes cutting down on fuel subsidies.

Starting September 1, 2016, new prices were introduced on the Kuwaiti fuel market: Octane-91 (Premium): 85 fils per liter, Octane-95 (Super): 105 fils and Octane-98 (Ultra): 165 fils. The fuel price increase was expected to create a change in consumption of Octane-91 and Octane-95, as more consumers will tend to use the Octane-91. Kuwait National Petroleum Company (KNPC) was prepared for the change making sure that its fueling stations provided sufficient amount of petrol and diesel fuel to cover the rising demands in the local market.

His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah has stressed that the decision to rationalize subsidies and improve the country’s budget deficit, was an ‘extreme necessity’ for Kuwait to follow up with the economic changes in the world. Statistics show that after the raise, the fuel price in Kuwait still remained the lowest among the Gulf States. The Cabinet has tasked a special commission to re-examine the State subsidies and the fuel prices every three months, to be in harmony with the global rates.

Load-Me.com will continue to monitor Petrol and Diesel Prices for the entire Middle East. When new prices for fuel will be announced, the diesel price in Kuwait will be available right here.