The UAE fuel price committee has announced the updated petrol and diesel prices for July 2024, which will come into effect from July 1st. Here are the detailed price revisions:
Super 98 Petrol: The price will decrease to Dh2.99 per litre, down from Dh3.14 in June. This adjustment reflects a reduction in the cost of this premium petrol grade, providing relief to motorists who use higher octane fuels.
Special 95 Petrol: The new price for Special 95 petrol will be Dh2.88 per litre, compared to the previous rate of Dh3.02. This more affordable grade of petrol is commonly used by a majority of drivers in the UAE.
E-Plus 91 Petrol: E-Plus 91 petrol will cost Dh2.80 per litre in July, down from Dh2.95 in June. This grade is popular among cost-conscious consumers looking for economical fuel options.
Diesel: The price of diesel will slightly increase to Dh2.89 per litre, up from Dh2.88 previously. Diesel is predominantly used in commercial vehicles and for industrial purposes across the UAE.
These adjustments in fuel prices are influenced by changes in global oil markets and are intended to reflect current market conditions. The UAE government regularly reviews and announces fuel prices on a monthly basis, aiming to ensure transparency and stability for consumers while responding to international oil price fluctuations.
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For motorists and businesses in the UAE, these announced prices provide clarity on fuel costs for the upcoming month, helping them plan their budgets accordingly.
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