Crypto-coin price is now at a record low of $4.30.
This is a historic low, as the crypto-currency has traded at a rate of $12 per coin over the past year.
This trend is not unique to Saudi Arabia.
Other countries, such as China, have seen similar price declines, which have been occurring on an almost daily basis.
It is worth noting that while Saudi Arabia has been doing a lot of things to curb its consumption of oil, it has yet to implement a comprehensive ban on all natural cooking oils.
Natural cooking oil is widely available and relatively inexpensive, and it is also very popular with families.
Many of us eat this oil, and many of us have been using it for a long time.
This means that the price decline is very much in the interest of consumers.
This also means that any loss in demand for these cooking oils would be very detrimental to the overall health of the crypto economy.
The price of crypto-currencies has continued to decline in recent months.
However, this does not mean that crypto-markets are in free fall.
This will require further price corrections, and more rapid implementation of bans on the sale of all natural oils.
This article originally appeared at CryptoCoinsNews.com.