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UAE Fuel Prices : A Roller Coaster Ride
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UAE Fuel Prices Expected to Drop Next Week, Reflecting Global Trends

Navigating the Swings of Fuel Costs in the UAE

UAE Fuel Prices: In a development that is sure to put a smile on the faces of UAE motorists, the country’s fuel price committee is set to convene, with expectations of a price cut for the upcoming week. This regular committee meeting, held at the close of each month, is set to reveal the new rates by Tuesday.

UAE Fuel Prices have a history of mirroring global trends, and current indicators suggest a potential price reduction on the horizon. Brent futures, for instance, have seen a noticeable drop from $94.36 (approximately Dhs345) per gallon in September to $86.92 (around Dhs319) this month. Meanwhile, the current West Texas Intermediate Crude Oil prices are standing at $85.49 (approximately Dhs312), compared to $90.79 (roughly Dhs334) in September.

Here are the current UAE Fuel Prices as of October 2023:

  • Super 98 petrol: Dhs3.44 per litre.
  • Special 95 petrol: Dhs3.33 per litre.
  • E-Plus 91 petrol: Dhs3.26 per litre.
  • Diesel: Dhs3.57 per litre.
UAE Fuel Prices : A Roller Coaster Ride

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This news comes after a price hike observed in the previous month. In July 2022, UAE Fuel Prices hit an all-time high, with Super 98 costing Dhs4.63 per litre. Following this peak, prices experienced a decrease in August, September, and October, only to rebound with a November increase, followed by a further reduction in December.

Fuel Prices in the UAE: A Roller Coaster Ride

A look back at the past few months reveals the fluctuations in UAE Fuel Prices:

January 2023

  • Super 98 petrol: Dhs2.78
  • Special 95 petrol: Dhs2.67
  • E-Plus 91 petrol: Dhs2.59
  • Diesel: Dhs3.29

February 2023

  • Super 98 petrol: Dhs3.05
  • Special 95 petrol: Dhs2.93
  • E-Plus 91 petrol: Dhs2.86
  • Diesel: Dhs3.38

March 2023

  • Super 98 petrol: Dhs3.09
  • Special 95 petrol: Dhs2.97
  • E-Plus 91 petrol: Dhs2.90
  • Diesel: Dhs3.14

April 2023

  • Super 98 petrol: Dhs3.01
  • Special 95 petrol: Dhs2.90
  • E-Plus 91 petrol: Dhs2.82
  • Diesel: Dhs3.03

May 2023

  • Super 98 petrol: Dhs3.16
  • Special 95 petrol: Dhs3.05
  • E-Plus 91 petrol: Dhs2.97
  • Diesel: Dhs2.91

June 2023

  • Super 98 petrol: Dhs2.95
  • Special 95 petrol: Dhs2.84
  • E-Plus 91 petrol: Dhs2.76
  • Diesel: Dhs2.68

July 2023

  • Super 98 petrol: Dhs3.00
  • Special 95 petrol: Dhs2.89
  • E-Plus 91 petrol: Dhs2.81
  • Diesel: Dhs2.76

August 2023

  • Super 98 petrol: Dhs3.14
  • Special 95 petrol: Dhs3.02
  • E-Plus 91 petrol: Dhs2.95
  • Diesel: Dhs2.95

September 2023

  • Super 98 petrol: Dhs3.42
  • Special 95 petrol: Dhs3.31
  • E-Plus 91 petrol: Dhs3.23
  • Diesel: Dhs3.40

October 2023

  • Super 98 petrol: Dhs3.44
  • Special 95 petrol: Dhs3.33
  • E-Plus 91 petrol: Dhs3.26
  • Diesel: Dhs3.57

It’s worth noting that UAE Fuel Prices were liberalized in 2015, aligning local rates with global oil prices. For the past eight years, the UAE Fuel Prices Committee has consistently met each month to announce revised rates. This measure is part of the government’s effort to encourage more residents to utilize public transportation while also promoting the use of alternative fuels.

Also read: Look: New FIVE LUXE Resort In Dubai Set To Redefine Luxury Beachfront Experience

As UAE residents eagerly await Tuesday’s announcement, the anticipation of a potential price cut brings a glimmer of hope amid fluctuating fuel costs.

Written by
Nidhi Singh Parihar

Hey there! I am Nidhi and I'm a passionate web content writer who loves crafting engaging and impactful content. My journey started with a B.Tech degree, but I soon realized my true calling was in the world of words. So, I made the leap and turned my love for writing into a fulfilling career in content creation. I've got a knack for everything from SaaS copywriting to social media magic. I write captivating blogs, create irresistible product descriptions, and design engaging email campaigns. I also enjoy developing content calendars and managing content workflows to keep everything running smoothly. Let's create something amazing together!

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