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In September 2015, the UAE shifted from subsidized fuel prices to a liberalized system aligned with global oil prices.
The Fuel Price Committee in the UAE reviews and updates fuel prices monthly, leading to regular fluctuations.
In September 2024, petrol prices decreased by AED 0.15, while diesel prices increased by the same amount, following a rise in August 2024.
The recent price changes affect the per-kilometre running costs, making it more expensive to fill up a full petrol tank compared to previous months.
Ongoing changes in global oil markets suggest that further adjustments in fuel prices can be expected in the coming months.
For September 2024, petrol prices in the UAE are set at AED 2.71 for EPlus 91, AED 2.78 for Special 95, and AED 2.90 for Super 98. Diesel is priced at AED 2.78 per litre. These rates are effective from September 1st and will stay the same throughout the month. Fuel prices in the UAE are adjusted monthly, with the next update expected in October 2024.
In August 2024, petrol prices rose by up to AED 0.06, and diesel prices also increased by AED 0.06.
For September 2024, petrol prices dropped by AED 0.15, while diesel prices increased by AED 0.15.
Petrol prices have gone down this month after rising in August.
Diesel prices have also decreased in September.
Fuel | EPlus 91 Price Per Litre | Special 95 Price Per Litre | Super 98 Price Per Litre | Diesel Price Per Litre |
---|---|---|---|---|
April 2024 | AED 2.96 | AED 3.03 | AED 3.15 | AED 3.09 |
May 2024 | AED 3.15 | AED 3.22 | AED 3.34 | AED 3.07 |
June 2024 | AED 2.95 | AED 3.02 | AED 3.14 | AED 2.88 |
July 2024 | AED 2.80 | AED 2.88 | AED 2.99 | AED 2.89 |
August 2024 | AED 2.86 | AED 2.93 | AED 3.05 | AED 2.95 |
September 2024 | AED 2.71 | AED 2.78 | AED 2.90 | AED 2.78 |
With the fuel price increase, the cost per kilometre will go up noticeably. Filling up a full petrol tank is now more expensive than it was last month. Depending on your tank size, you'll save between AED 6 and AED 18 less on a full tank.
Before 2015, the government heavily subsidized fuel prices, keeping them stable. But in September 2015, fuel prices were adjusted to match global oil prices. Now, the UAE's Fuel Price Committee sets the prices, so we can expect more changes in the coming months.
Fuel prices in the UAE have undergone significant changes over the years, especially after the government shifted from heavy subsidies to a system that aligns with global oil prices in 2015.
This has led to regular fluctuations in petrol and diesel prices, impacting the cost of living and driving in the country. As the Fuel Price Committee continues to adjust prices monthly, drivers should stay informed about these changes to manage their expenses effectively.
Also Read: Hyundai Plans To Create Hybrid Systems For Upcoming Models
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