UAE petrol prices are going up for the second month in a row
You might want to head to the pump before September 1…
If you thought this month’s rise in petrol prices was bad enough, prepare to pay even more at the pump in September.
The UAE’s Ministry of Energy has announced that road users will pay Dhs2.01 per litre for Super 98, a 6.3 per cent hike from this month’s price of Dhs1.89.
Special 95 will now cost Dhs1.90 per litre, up 6.7 per cent compared to Dhs1.78 this month, while E Plus will cost Dhs1.83, up 7 per cent from Dhs1.71.
Diesel prices will rise by 6.4 per cent from Dhs1.88 to Dhs2.
— وزارة الطاقة | UAE (@MOENRUAE) August 29, 2017
So if you were filling up the 105-litre tank of your Range Rover with Super 98, it will now cost you Dhs211.05 instead of Dhs198.45.
That might not sound like a big difference, but back in July – the cheapest month for petrol so far this year – it would have only cost Dhs195.3.
The UAE’s Ministry of Energy first began setting fuel prices based on average global prices in August 2015. Before that, the price of petrol in the UAE was subsidised by the government, which shielded consumers from global fluctuations in the cost of petrol.
We still have it pretty good though – according to the ranking at globalpetrolprices.com the UAE is currently 15th on the world’s list of cheapest petrol.
SUPER 98 PRICES FOR 2017
September: Dhs2.01 per litre
August: Dhs1.89 per litre
July: Dhs1.86 per litre
June: Dhs1.96 per litre
May: Dhs2.01 per litre
April: Dhs1.95 per litre
March: Dhs2.03 per litre
February: Dhs2.00 per litre
January: Dhs1.91 per litre