UAE Announces Revised Fuel Prices for July 2024
The Fuel Price Follow-up Committee has officially announced the revised petrol and diesel prices for July 2024, effective from the 1st of July. This adjustment reflects the latest trends and fluctuations in the global fuel market. The updated rates are as follows:
- Diesel: AED 2.89 per litre
- Super “98”: AED 2.99 per litre
- Special “95”: AED 2.88 per litre
- E-Plus “91”: AED 2.80 per litre
These new prices indicate a shift in fuel costs that will impact both consumers and businesses across the UAE. Diesel, used extensively in commercial transportation and heavy machinery, will see a price of AED 2.89 per litre. The premium Super “98” petrol, known for its higher octane rating and efficiency, is set at AED 2.99 per litre. The more commonly used Special “95” petrol will be priced at AED 2.88 per litre, while the E-Plus “91”, which is often chosen for its cost-effectiveness and lower octane level, will be available at AED 2.80 per litre.
This update is part of a regular review process aimed at aligning fuel prices with current market conditions and ensuring transparency for consumers. The adjustments are expected to influence fuel expenditure across various sectors, from personal vehicles to commercial operations, and are indicative of the ongoing dynamics within the energy market.