For the second consecutive month, UAE petrol prices have dropped which will be welcome news for motorists in the country.
Prices for petrol have decreased but the cost of UAE diesel per litre has experienced a minor increase from June with it costing a fil more than it previously did.
The price of petrol and diesel in the UAE changes every month and is announced by the United Arab Emirates federal government via their petroleum firm Emarat.
With prices having increased every month in 2024 until June, July’s UAE petrol prices will see a second overall reduction in price per litre.
The UAE petrol and diesel prices for July 2024:
Super 98: Will now be Dhs2.99 per litre, compared to Dhs3.14 per litre in June
Special 95: Will now be Dhs2.88 per litre, compared to Dhs3.02 per litre in June
Diesel: Will now be Dhs2.89 per litre, compared to Dhs2.88 per litre in June.
E-plus 91: Will now be Dhs2.80 per litre, compared to Dhs2.95 per litre in June
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The year started with a decrease in UAE petrol prices for January but since February there has been a marginal increase in what we pay at the pump.
As petrol prices change so too has what we pay for a taxi in Dubai with a per kilometre rate now at Dhs2.09 in the city. But with the national price of petrol now going down – will we see a decrease in taxi rates too?
Since 2015, the UAE has revised petrol prices on a monthly basis in line with global rates.
UAE petrol prices reached an all-time high in July 2022, with Super 98 costing Dhs4.63 per litre.
In 2023, petrol prices peaked in October and declined in November, December and January.
You can see how prices have fluctuated in recent months below.
UAE petrol prices recap:
January 2024
- Super 98 petrol: Dh2.82 per litre
- Special 95 petrol: Dhs2.71 per litre
- E-plus 91petrol: Dhs2.64 per litre
- Diesel: Dhs3.00 per litre
February 2024
- Super 98 petrol: Dhs2.88 per litre
- Special 95 petrol: Dhs2.76 per litre per litre
- E-plus 91petrol: Dhs2.69 per litre
- Diesel: Dhs2.99 per litre
March 2024
- Super 98 petrol: Dhs3.03 per litre.
- Special 95 petrol: Dhs2.92 per litre.
- E-plus 91petrol: Dhs2.85 per litre.
- Diesel: Dhs3.16 per litre.
April 2024
- Super 98 petrol: Dhs3.15 per litre.
- Special 95 petrol: Dhs3.03 per litre
- E-plus 91petrol: Dhs2.96 per litre
- Diesel: Dhs3.09 per litre
May 2024
- Super 98 petrol: Dhs3.34 per litre
- Special 95 petrol: Dhs3.22 per litre
- E-plus 91petrol: Dhs3.15 per litre
- Diesel: Dhs3.07 per litre
June 2024
- Super 98 petrol: Dhs3.14 per litre
- Special 95 petrol: Dhs3.02 per litre
- E-plus 91petrol: Dhs2.95 per litre
- Diesel: Dhs2.88 per litre
Fuel prices in the country were liberalised in 2015, with local rates being aligned with global oil prices.
For the past eight years, the fuel price committee has met on a monthly basis to announce revised rates.
The government hopes the measure will encourage more residents to use public transport while also incentivising the use of alternative fuels.
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