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oil prices now

Everything practical about oil prices now in Saudi Arabia on one page: what it costs, how long it takes, what documents decide the outcome. Modjo does the rest.

oil prices now: the essentials

What decides the outcome: Landed cost into Saudi Arabia = goods + freight + insurance (CIF) + duty (mostly 5%, 0–25% by HS code) + 15% VAT on CIF + duty + port and delivery charges. Indicative freight 2026: 20ft from China $1,300–2,600, air $2–6/kg, LCL $25–60/CBM, brokerage SAR 500–1,500.

Compare only all-in quotes: a low base rate with surcharges 'at cost' reassembles the market price at invoice time.

This is what oil prices now looks like when it is run properly.

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Frequently asked questions

How much does oil prices now cost?

CIF value + duty (mostly 5%) + 15% VAT on CIF plus duty + port and delivery charges.

Why did the invoice exceed the freight quote?

Surcharges and destination fees — demand all-in quotes and prepare clearance before arrival.

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