UAE petrol prices are going up in June

Written by:
Alice Holtham
29th May 2018

You might want to head to the pump sooner rather than later…

The UAE Fuel Committee has announced that petrol prices will increase in June, due to rising oil prices.

Vehicle owners will now pay Dhs2.63 for Super 98, up from Dhs2.49 in May. Super 95 will now cost Dhs2.51 up from Dhs2.37, while the price of diesel will rise to Dhs2.71 from Dhs2.56.

The fuel prices for June in the #UAE as announced by the UAE Fuel Price Committee ⛽ pic.twitter.com/BzlQeJYXzX
— ENOC (@ENOC) May 28, 2018

All prices include the VAT rate of 5 per cent.

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.