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UAE announces fuel prices for January 2021

UAE announces fuel prices for January 2021

This is the 10th consecutive month that prices have stayed unchanged

Fuel prices in the UAE will remain unchanged in January 2021, the UAE Fuel Price Follow-up Committee announced on Monday.

This is the 10th consecutive month that prices have stayed unchanged.

Fuel prices per litre for the next month are as follows:

Special (95): Dhs1.80
Super (98): Dhs1.91
E-Plus: Dhs1.72
Diesel: Dhs2.06

Crude oil prices reversed losses of as much as 1.5 per cent this week after President Donald Trump signed the long-awaited bill containing $900bn of virus relief that’s expected to boost energy demand in the world’s largest economy. Trump had previously expressed his displeasure with the package that Congress approved last week.

The OPEC+ alliance plans to return 500,000 barrels a day of output to the market from January.

With inputs from Bloomberg

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