The UAE Fuel Price Committee has released the petrol and diesel prices for August 2024. The revised rates will come into effect on August 1 and are outlined below:
- Super 98 petrol will be priced at Dh3.05 per litre, as opposed to Dh2.99 in July.
- Special 95 petrol will be priced at Dh2.93 per litre, an increase from Dh2.88 in the previous month.
- E-Plus 91 petrol will be priced at Dh2.86 per litre, compared to Dh2.80 in July.
- Diesel will be available at Dh2.95 per litre, up from Dh2.89 in the preceding month.
Petrol prices have increased in August after dropping in June and July.
Petrol and Diesel prices in the past year
| Month 2024 | Super 98 | Special 95 | E-Plus 91 |
| January | 2.82 | 2.71 | 2.64 |
| February | 2.88 | 2.76 | 2.69 |
| March | 3.03 | 2.92 | 2.85 |
| April | 3.15 | 3.03 | 2.96 |
| May | 3.34 | 3.22 | 3.15 |
| June | 3.14 | 3.02 | 2.95 |
| July | 2.99 | 2.88 | 2.80 |
How are petrol, diesel prices determined?
Since 2015, the UAE petrol and diesel prices have been moving in line with the international markets.
Prices are determined by the fuel price committee, chaired by the undersecretary of the Ministry of Energy. The committee includes members of the energy and finance ministries, as well as CEOs of Adnoc Distribution and Emirates National Oil Company.
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