UAE petrol prices are decreasing significantly in July
Great news, drivers!
After four months of incremental increases, UAE petrol prices are set to decrease significantly next month.
In July, drivers can expect to pay Dhs2.30 per litre for Super 98, down from Dhs2.53 in May. Special 95 will cost Dhs2.18 per litre, a decrease of 24 fils from Dhs2.42. Diesel will also be less expensive this month than last, priced at Dhs2.35 per litre for July – that’s a decrease of 21 fils.
— ENOC (@ENOC) June 27, 2019
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.
SUPER 98 PRICES SO FAR FOR 2019: