Fuel up for less: UAE petrol prices cut this December

The UAE Fuel Price Committee has unveiled new prices for December, with reductions for most petrol grades, effective from today.

Super 98 petrol will now be priced at Dh2.61 per litre, down from Dh2.74 in November, reflecting a decrease of 13 fils.

Special 95 petrol will cost Dh2.50 per litre, a reduction from the previous rate of Dh2.63, while E-Plus 91 petrol will be priced at Dh2.43 per litre, compared to Dh2.55 last month.

In contrast, diesel prices slightly increased, with the new rate set at Dh2.68 per litre, up from Dh2.67 in November.

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أسعار الوقود الشهرية:
أعلنت لجنة متابعة أسعار الوقود في الإمارات العربية المتحدة عن أسعار الوقود لشهر ديسمبر 2024. ⛽

Monthly Fuel Price Announcement:
December 2024 fuel prices released by the #UAE Fuel Price Follow-up Committee. ⛽ pic.twitter.com/9FGh4CgDtU

— Emarat (امارات) (@EmaratOfficial) November 30, 2024

Fuel prices: Petrol price lowest recorded in 2024

The new petrol prices are the lowest recorded in 2024. Depending on the type of vehicle, filling up a full tank in December will cost between Dh6.12 and Dh9.62 less compared to November.

This marks a significant saving for motorists, with the price reductions providing some relief amid rising global energy costs earlier in the year.

The monthly petrol and diesel price adjustments are part of the UAE’s policy to align fuel costs with global market trends.

The price changes are closely watched by both consumers and businesses in the UAE, where petrol and diesel prices are a significant component of transportation and logistics costs.