Emirates National Oil Company publishes a tweet to confirm that fuel prices will go up next month
Most petrol prices in the UAE are set to rise marginally in August, according to an announcement by the UAE Fuel Price Committee.
Emirates National Oil Company published a tweet to confirm that fuel prices inclusive of VAT for the month.
The price of Super 98 and Special 95 will increase 1 fil per litre, while diesel will decrease by 3 fils.
Fuel prices were liberalised about two years ago, so prices now move with the global market.
Super 98: AED2.57 a litre up from AED2.56 in July)
Special 95: AED2.46 (up from AED2.45)
Diesel: AED2.63 (down from AED2.66)
International crude oil prices have risen this year, and the UAE increased fuel prices in May and June before reducing them in July.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.