Ad
Ad
Predicted Petrol & Diesel Prices For Next Month — Fuel Prices In October 2024
Key Highlights
-
UAE fuel prices follow global crude oil trends.
-
Crude oil prices increased by 9%, causing higher August fuel prices.
-
Crude oil prices dropped by 3.7%, leading to expectations of lower fuel prices in October.
-
UAE fuel prices are revised based on the previous month's crude oil changes.
-
A slight decrease in fuel price is anticipated.
-
October fuel prices will be revealed on 30 September.
Fuel prices in the UAE change monthly, with new petrol and diesel rates announced on the last day of each month. As October 2024 approaches, it's time to predict whether fuel prices will go up or down.
Current UAE Petrol Prices
- EPlus 91 Price: 2.71 AED
- Special 95 Price: 2.78 AED
- Super 98 Price: 2.90 AED
- Diesel Price: 2.78 AED
UAE Petrol & Diesel Price Changes In 2024
-
In January 2024, petrol prices dropped by AED 0.14 and diesel by AED 0.19.
-
Since then, petrol and diesel prices steadily increased month by month.
-
This trend ended in June 2024 when fuel prices decreased.
-
In August 2024, both petrol and diesel prices increased by AED 0.06 per litre.
-
In September 2024, petrol and diesel prices dropped by AED 0.15.
-
It’s uncertain whether prices will rise or fall in October 2024.
How Are Prices Of Fuel In The UAE Decided?
Before 2015, the UAE government heavily subsidized fuel, keeping petrol and diesel prices low and shielding them from changes in global oil prices. In September 2015, prices were adjusted to match global oil trends. Fuel prices in the UAE are now set by the Fuel Price Committee.
A closer look shows that UAE fuel prices follow the rise or fall of global crude oil prices, based on the previous month's average change. Crude oil prices are affected by various factors like economic policies and geopolitical events, causing daily fluctuations.
October 2024 Petrol Price Prediction
In June 2024, crude oil prices rose by about 9%, with further fluctuations in July, leading to higher fuel prices in August. However, crude oil prices dropped by 3.7% in August, so we expect a slight decrease in UAE fuel prices for October 2024. This is only a prediction, though. The official October fuel prices will be announced on 30 September—stay tuned to DubiCars for updates.
Verdict
UAE fuel prices are closely linked to global crude oil trends, with fluctuations in crude prices influencing monthly adjustments. Based on recent crude oil price drops, a slight decrease in fuel prices is anticipated for October 2024. However, the official prices will be confirmed on 30 September, offering a clearer picture.
Also Read: 2025 Lotus Emeya Has Been Launched In The UAE, Priced At AED 439,000
Ad
More News
Mitsubishi UAE Announces Flexible Leasing Program Starting at AED 1,299
The flexible leasing program of Mitsubishi UAE has been launched as an all-inclusive approach, including everything from vehicle registration and comprehensive insurance to full service and maintenance, manufacturer warranty, and 24/7 roadside assistance.
26-Aug-2025 09:51 AM
Ali & Sons Audi Unveils the All-New A6 Series in Abu Dhabi: Experience Luxury Like Never Before
With its over 30 years of heritage, the Audi A6 has been considered a symbol of performance, executive comfort, and refined versatility. The addition of the new generation A6 e-tron marks a new chapter, blending Audi’s renowned craftsmanship with advanced electric performance.
26-Aug-2025 06:33 AM
Mercedes-AMG Unveils CONCEPT AMG GT XX: Record-Breaking Electric Performance Redefined
Mercedes-AMG used two GT XX prototypes for this grueling eight-day marathon, covering over 3,177 laps at an average speed of 300 km/h, taking brakes only for ultra-fast recharges at power levels of 850kW.
25-Aug-2025 11:15 AM
Lexus Unveils Enhanced 2026 RX Crossover: Luxury, Performance, and Advanced Safety Features
The RX continues to be underpinned by the GA-K platform, which provides the low center of gravity, improved rigidity, and refined ride quality. Its advanced high-strength steels and strategic bracing at key points add to the vehicle's durability and confidence in drive quality.
25-Aug-2025 07:25 AM
Nissan Unveils Next-Gen Connected Services for Patrol Lineup in the Middle East
At the core of this innovation is the MyNissan app, which is designed to strengthen the bond between the driver and the vehicle. The Middle East market marks the global debut of the MyNissan Ownership feature, providing customers with four core services directly accessible from their smartphones.
23-Aug-2025 01:20 PM
2026 Toyota Crown: A New Era of Luxury and Innovation for Business Executives
At the core of the 2026 Toyota Crown is the seamless integration of streaming and connected services. With the addition of a new streaming feature, the driver has the option to separate Apple Music and Amazon Music subscriptions directly to the vehicle, making the onboard control easy to access.
23-Aug-2025 06:36 AM
Ad
Join Carbike360
Get Trending Updates
UAE’s Fastest Growing Vehicle Marketplace