The government of the United Arab Emirates lowered fuel prices for September 2024, passing on relief on Super 98 and other POLs for the public.
Starting September 1, Super 98 petrol will be priced at Dhs2.90 per litre, down from Dhs3.05. Special 95 will cost Dhs2.78 per litre, decreased from Dhs2.93.
E-plus 91 will drop to Dhs2.71, down from Dhs2.86. Diesel prices will also fall to Dhs2.78 per litre, down from Dhs2.95.
UAE Petrol September Price
Fuel Type | September Price |
Super 98 Petrol | Dh2.90 |
Special 95 Petrol | Dh2.78 |
E-Plus 91 Petrol | Dh2.71 |
Diesel | Dh2.78 |
These new price adjustments reflect changes in global oil prices and operational costs. In August, the UAE had slightly increased fuel prices. Recent global trends include a decline in oil prices, with Brent crude dropping to $78.80 per barrel and WTI crude falling to $73.55.
This decline is partly due to expectations of increased OPEC+ supply in October and reduced US interest rate cut expectations. OPEC+ plans to raise oil output, compensating for Libyan production losses due to internal conflict and Iraqi supply reductions following an overproduction.