The UAE announced on Tuesday that petrol prices would increase for February.
Super 98 is set to see a near 10 percent rise to AED3.05 per litre, up from AED2.78 per litre.
Special 95 is set to increase to AED2.93 per litre, up from AED2.67 per litre, while diesel prices will increase from AED3.29 per litre to AED3.38 per litre.
Petrol prices in the UAE
Prices were frozen by the Fuel Price Committee (FPC) in the wake of the coronavirus pandemic in 2020. The controls were removed in March 2021 to reflect rising global oil prices.
Petrol prices in the UAE are set by the authorities and generally follow the movement of the global price of oil.
Oil prices have remained up in January, with Brent crude, which represents around two thirds of the world’s oil, mostly holding steady above $80 per barrel.
The Organisation of Petroleum Exporting Countries (OPEC), a group of the world’s top oil producers, has continued to stick with a plan to cut production, with recent reports suggesting no change of strategy is likely.
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