UAE has announced petrol prices for August, continuing its trend of monthly adjustments.
After experiencing an increase in July, the prices surged further in August.
Over the past year, petrol prices in the country have been subject to fluctuations; however, they currently remain notably lower compared to the rates observed during the same period last year.
UAE petrol and diesel prices
Since August 1, the cost of filling up vehicles in the UAE will be:
- Special 95 – AED3.02 litre from AED2.89 in July
- Super 98 – AED3.14 a litre from AED3.00 in July
- E-Plus – AED2.95 a litre from AED2.81 in July
- Diesel – AED2.95 a litre from AED2.76 in July
Diesel and petrol price falls in past year
|Prices in AED per litre||E-Plus 91||Special 95||Super 98||Diesel|
In response to the COVID-19 pandemic in 2020, the Fuel Price Committee froze petrol prices, 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 the surge in crude oil prices worldwide.