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Tue 30 Jul 2019 02:24 PM

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UAE petrol prices set to rise in August

UAE's Fuel Price Committee announces decision to increase fuel prices in the UAE from August 1

UAE petrol prices set to rise in August

Petrol prices in the UAE are to rise in August after a decision by the UAE's Fuel Price Committee.

Super 98 petrol will cost AED2.37 per litre from August 1, up from AED2.30 a litre in July, while Special 95 will increase to AED2.26 a litre from AED2.18 a litre.

The price of a litre of diesel will rise to AED2.42 a litre in August compared to AED2.35 a litre.

Fuel prices in the UAE were liberalised in August 2015, so they now move with the market.

Prices in the UAE peaked during the summer as Brent oil spiked at $86 a barrel in October - the highest level since November 2014.

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