UAE petrol prices will increase again in June

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Super 98 is going up for the 4th month in a row…

After three months of steady increase in petrol prices, get ready for another rise.

In June, drivers can expect to pay Dhs2.53 per litre for Super 98, up from Dhs2.48 in May. Special 95 will cost Dhs2.42 per litre, an increase of 23 fils from Dhs2.34. Diesel will also be more expensive this month than last, priced at Dhs2.56 per litre for May – that’s an increase of 3 fils.

 

Since February 2019, Super 98 has increased by 55 fils per litre.

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:

January: Dhs2

February: Dhs1.95

March: Dhs2.04

April: Dhs2.23

May: Dhs2.48

June: Dhs2.53

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Image: Getty