UAE reveals Petrol, diesel prices for January 2024

The UAE fuel price committee has disclosed the petrol and diesel prices for January 2024, ushering in the new year with noteworthy adjustments.

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Effective January 1, these revised rates indicate a clear decrease across various fuel variants compared to the preceding month.

Fuel Prices in the UAE January 2024

The UAE fuel price committee has divulged the anticipated petrol and diesel prices for January 2024, ushering in the new year with notable fluctuations. These revised rates, effective January 1, exhibit a discernible decrease across various fuel variants compared to the preceding month.

Petrol price adjustments

  1. Super 98 Petrol: The cost per liter for Super 98 petrol is set at Dh2.82, reflecting a reduction from Dh2.96 in December.

  2. Special 95 Petrol: Consumers will pay Dh2.71 per liter for Special 95 petrol, witnessing a decline from the Dh2.85 recorded in the previous month.

  3. E-Plus 91 Petrol: E-Plus 91 petrol will now be priced at Dh2.64 per liter, showcasing a decrease from the Dh2.77 observed in December.

  4. Diesel: The committee has set the diesel price at Dh3 per liter, marking a notable reduction from the Dh3.19 recorded in the month of December.

Annual Overview of Fuel Prices (2023)

To offer a broader perspective, a summary of fuel prices across variants throughout the year 2023 is presented. The monthly fluctuations reveal a dynamic pattern, with notable highs and lows in response to various economic factors and global oil market dynamics.

As the UAE continues to monitor and adjust fuel prices, these periodic reviews aim to align with broader economic considerations while ensuring transparency and responsiveness to market conditions. Commuters and businesses alike can anticipate these changes and plan accordingly as they navigate fuel-related expenditures in the coming months.

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