DUBAI – A sigh of relief for residents of United Arab Emirates UAE as the country’s fuel price committee slashed petrol and diesel prices for October 2024.
For October, prices for petrol and diesel will be dropped by upto AED0.24. Super 98 petrol now costs Dh2.66 per litre, down from Dh2.90 in Sept., with drop of Dh0.24. Special 95 petrol pricce cuts to Dh2.54 per litre and E-Plus 91 petrol has been reduced to Dh2.47 per litre.
Diesel rates have also moved down to Dh2.60 per litre compared to Dh2.78 last month, with cut of Dh0.18.
UAE Petrol Rates October 2024
| Fuel | New Price | Old Price |
|---|---|---|
| Super 98 petrol | Dh2.66 | Dh2.90 |
| Special 95 petrol | Dh2.54 | Dh2.78 |
| E-Plus 91 petrol | Dh2.47 | Dh2.71 |
| Diesel | Dh2.60 | Dh2.78 |
The drop comes amid changes in global oil prices, which averaged nearly $73 per barrel in last two weeks of September 2024, compared to $78.63 in August.
Oil prices also saw drop of over 4pc last week after KSA’s announcement to move away from given target. Rates of Petril and othr fuel products are lower than the global average in UAE due to country’s status as a major oil producer, government subsidies, and efficient distribution infrastructure. Prices can still fluctuate based on global market conditions and geopolitical factors.
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