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UAE hikes fuel prices for September

UAE hikes fuel prices for September

The UAE’s fuel prices have been based on international oil rates since August 2015

The UAE will hike fuel prices for the second straight month in September under rates confirmed by Emirates National Oil Company on Twitter.

The price for Super 98 has been increased 0.78 per cent from Dhs2.57 per litre to Dhs2.59 a litre, while the per litre cost for Special 95 is up 0.81 per cent from Dhs2.46 to Dhs2.48.

The price per litre of diesel will also increase 0.38 per cent from Dhs2.63 to Dhs2.64.

All rates are inclusive of VAT.

The UAE’s fuel prices have been based on international oil rates since August 2015.

International crude benchmark Brent has risen from a low of less than $71 at the middle of August to around $76 on Wednesday amid uncertainty of the impact of new US sanctions on Iran.

Read: Sanctions unlikely to stop Iran oil exports completely – Saudi adviser

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