Home GCC UAE UAE fuel prices to rise in October Motorists can expect price rises of roughly 2 to 3.5 per cent by Robert Anderson September 29, 2016 The UAE’s Ministry of Energy has announced that fuel prices will increase again in October after a slight price rise this month. From October 1, Super 98 will increase from Dhs1.75 a litre to Dhs 1.81, Special 95 from Dhs1.64 to Dhs1.70, E Plus 91 from Dhs1.57 to Dhs1.63 and diesel from Dhs1.72 to Dhs1.76. Read: UAE fuel prices to increase again in September The UAE reduced fuel subsidies last year, instead introducing a system that calculates prices based on global oil benchmarks. Read: UAE savings from fuel price reform to swell in coming years -IMF October’s price increases follow a deal between OPEC members late on Wednesday to reduce their oil output for the first time since 2008. Read: OPEC agrees to modest oil output curbs So far the market response has been limited with international oil benchmark Brent declining 0.74 per cent to $48.33 at the time of writing. 0 Comments