The UAE has announced an increase to petrol prices for July 2023.
Special 95, Super 98, and E-Plus will all go up, while diesel prices will also be higher.
The current cost of refilling a petrol tank in the UAE has increased following a small reduction last month.
UAE petrol price July 2023
These changes in prices were announced via Emarat’s official Twitter account.
أسعار الوقود الشهرية: أسعار الوقود لشهر يوليو 2023 وفقاً للجنة متابعة أسعار الجازولين والديزل في #الإمارات
⛽ Monthly Fuel Price Announcement:
July 2023 fuel prices released by the #UAE Fuel Price Follow-up Committee pic.twitter.com/IGTDXOcqVw— Emarat (امارات) (@EmaratOfficial) June 30, 2023
Throughout the year, petrol prices have been fluctuating due to the global energy market dynamics on pump prices. The UAE’s Fuel Price Committee meet every month to decide on whether prices will increase or decrease.
Petrol prices in the UAE saw a decline in January and February of this year when compared to the prices observed in November and December 2022. However, the prices rose again in March and subsequently fell in April. In May there was an increase in prices, but June saw prices fall
From July 1, the cost of filling up vehicles in the UAE will be:
- Special 95 – AED2.89 litre from AED2.84 in June
- Super 98 – AED3.00 a litre from AED2.95 in June
- E-Plus – AED2.81 a litre from AED2.76 in June
- Diesel – AED2.76 a litre from AED2.68 in June
|Prices in AED per litre||E-Plus 91||Special 95||Super 98||Diesel|
In 2020, the Fuel Price Committee implemented price freezes. However, these restrictions were lifted in March 2021 to correspond with the global surge in oil prices.
Moreover, the cost of petrol is influenced by the trend of crude oil prices on a global scale.