Islamabad, Sep 30: The UAE’s Fuel Price Committee has announced a reduction in petrol and diesel prices for October, in response to the recent decline in global oil markets.
Starting October 1, the new prices are:
- Super 98 petrol: Dh2.66 per litre (down from Dh2.90 in September)
- Special 95 petrol: Dh2.54 per litre (down from Dh2.78)
- E-Plus 91 petrol: Dh2.47 per litre (down from Dh2.71)
- Diesel: Dh2.60 per litre (down from Dh2.78)
This price drop was expected due to the dip in global oil prices in September. Brent crude averaged $73 per barrel, a decrease from $78.63 in August, largely influenced by increased supply and Saudi Arabia’s plans to raise production.
The UAE’s Fuel Price Committee reviews retail fuel prices monthly, adjusting them in line with global rates since the deregulation of petrol prices in 2015.
These Petrol and Diesel Prices are anticipated to provide financial relief to consumers and contribute to the UAE’s economic growth.