Petrol prices in the UAE are set to fall in December, following an increase of nearly 10 per cent in November, the Emirates General Petroleum Corporation announced on Wednesday.
Here’s how much it will cost to fuel up your vehicle in December:
Special 95 – AED3.18 a litre
Super 98 – AED3.30 a litre
E-Plus – AED3.11 a litre
Diesel – AED3.74 a litre
Here is an overview of petrol prices since February 2022:
| Prices in AED per litre | E-Plus 91 | Special 95 | Super 98 | Diesel |
| December 2022 | 3.11 | 3.18 | 3.30 | 3.74 |
| November 2022 | 3.13 | 3.20 | 3.32 | 4.01 |
| October 2022 | 2.85 | 2.92 | 3.03 | 3.76 |
| September 2022 | 3.22 | 3.30 | 3.41 | 3.87 |
| August 2022 | 3.84 | 3.92 | 4.03 | 4.14 |
| July 2022 | 4.44 | 4.52 | 4.63 | 4.76 |
| June 2022 | 3.96 | 4.03 | 4.15 | 4.14 |
| May 2022 | 3.48 | 3.55 | 3.66 | 4.08 |
| April 2022 | 3.55 | 3.62 | 3.74 | 4.02 |
| March 2022 | 2.75 | 2.82 | 2.94 | 2.88 |
| February 2022 | 2.75 | 2.82 | 2.94 | 2.88 |
The new prices represent a fall compared to an increase the month before.
Petrol prices are affected by a global increase in crude oil prices, which have soared since the beginning of 2022. The ongoing Russia-Ukraine is one of the key reasons for the high cost of oil, and consequently petrol prices, as Russia is one of the world’s largest exporters of oil.