Monday, April 15, 2024

UAE Increases Petrol Prices for 3rd Consecutive Month in April

For the third consecutive month, the UAE is increasing petrol prices starting April 1, 2024. The UAE fuel price committee has announced the new rates, which will affect both petrol and diesel prices.

Here’s a breakdown of the new prices:

  • Super 98 petrol will cost Dh3.15 per litre, up from Dh3.03 in March.
  • Special 95 petrol will be priced at Dh3.03 per litre, compared to Dh2.92 last month.
  • E-Plus 91 petrol will see an increase to Dh2.96 per litre, up from Dh2.85 in March.
  • Diesel prices will be set at Dh3.09 per litre, down slightly from Dh3.16 last month.

This increase in petrol prices might impact people’s budgets, as they will need to spend more money on fuel for their vehicles. Higher petrol prices could also lead to increased costs for goods and services, as transportation costs rise.

While the rise in petrol prices might cause concern for some, it’s important for people to plan ahead and budget accordingly. Finding ways to save fuel or use alternative transportation methods could help mitigate the impact of higher prices.

The UAE fuel price committee regularly reviews and adjusts petrol prices based on international market trends. These adjustments aim to balance the cost of fuel with the country’s economic needs.

As the new prices take effect, consumers and businesses alike will need to adjust to the changes and monitor any further developments in fuel prices.

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