Houthi militias set oil derivatives price by 100%
English - Thursday 22 November 2018 الساعة 09:33 amYemen Oil Company run by Houthi militias in the Capital Sana'a set on Wednesday an increase price on the prices of oil derivatives by 100%.
The company said because of declining of the US dollar against the local currency, the company announces the reduction of the price of gasoline and diesel starting by Friday.
Houthi militias set the price of gasoline of 20 liters equals Y.R 10,000 , and diesel of 20 liters equals Y.R 10.600, as Y.R 560 per a liter.
The Houthi oil company's decision is to stabilize the price of fuel by increasing 100% on world prices, despite the decline of the US dollar by 40% of the previous price.