The UAE has slashed the price of petrol and diesel, following a significant reduction in fuel prices by the UAE fuel price committee.
Petrol prices will drop by across the country in October, as motorists were handed a fall of between 8 and 9 per cent for Super 98, Special 95, E-Plus 91 and diesel prices were cut by around 6.5 per cent.
It is the cheapest to fill up a tank in more than a year and will be welcomed by motorists who have seen prices tumble since last October.
UAE petrol prices 2024
In January 2024, E-Plus 91 was priced at AED2.64 a litre, while diesel was set at AED3 a litre.
With the latest price cuts, E-Plus 91 is now more cheaper (at AED2.47 a litre) than at the start of the year.
Special 95 and Super 98 are also cheaper now than at the start of the year, falling from AED2.71 to AED2.54 a litre and AED2.82 to 2.66 a litre respectively.
From October 1, the cost of filling up vehicles in the UAE will be:
- Super 98: AED2.66 a litre from AED2.90 in September 91.72 8.28
- Special 95: AED2.54 a litre from AED2.78 in September 91.37 8.63
- E-Plus: AED2.47 a litre from AED2.71 in September 91.14 8.86
- Diesel: AED2.60 a litre from AED2.78 in September 93.5 6.5
In response to the COVID-19 pandemic in 2020, the Fuel Price Committee froze petrol prices in the UAE, preventing any changes.
However, in March 2021, as global oil prices began to rise, the controls were lifted to allow market forces to determine petrol prices once again.
Moreover, the fluctuation in petrol prices is also influenced by changes in crude oil prices worldwide.
UAE fuel prices
Prices in AED per litre | E-Plus 91 | Special 95 | Super 98 | Diesel |
October 2024 | 2.47 | 2.54 | 2.66 | 2.60 |
September 2024 | 2.71 | 2.78 | 2.90 | 2.78 |
August 2024 | 2.86 | 2.93 | 3.05 | 2.95 |
July 2024 | 2.80 | 2.88 | 2.99 | 2.89 |
June 2024 | 2.95 | 3.02 | 3.14 | 2.88 |
May 2024 | 3.15 | 3.22 | 3.34 | 3.07 |
April 2024 | 2.96 | 3.03 | 3.15 | 3.09 |
March 2024 | 2.85 | 2.92 | 3.03 | 3.16 |
February 2024 | 2.69 | 2.76 | 2.88 | 2.99 |
January 2024 | 2.64 | 2.71 | 2.82 | 3 |
December 2023 | 2.77 | 2.85 | 2.96 | 3.19 |
November 2023 | 2.85 | 2.92 | 3.03 | 3.42 |
October 2023 | 3.26 | 3.33 | 3.44 | 3.57 |