Home
Industry
Energy

UAE petrol prices for February 2024: Here’s how much a full tank will cost

The UAE has announced revised fuel prices for the coming month

by Gulf Business

January 31, 2024

Image credit: Getty Images

The UAE has announced fuel prices for the month of February 2024.

The fuel price follow-up committee increased the rates by up to 0.05 fils per litre.

As per the hike, Super 98 will now cost Dhs2.88per litre, beginning February 1, increasing from Dhs2.82 a litre in January.

Filling up on Special 95 petrol will cost Dhs2.76 per litre, compared to Dh2.71 in January and E-Plus 91 petrol will cost Dhs2.69 a litre, compared to Dh2.64 a litre in January.

The committee has announced a drop in diesel prices, with a litre costing Dhs2.99 in February compared to Dh3 last month.

أسعار الوقود الشهرية: أسعار الوقود لشهر فبراير 2024 وفقاً للجنة متابعة أسعار الجازولين والديزل في #الامارات

⛽ Monthly Fuel Price Announcement:
February 2024 fuel prices released by the #UAE Fuel Price Follow-up Committee. pic.twitter.com/wdFcFVzM1T

— Emarat (امارات) (@EmaratOfficial) January 31, 2024

Petrol, diesel prices in the last year

Month (2023)	Super 98	Special 95	E-Plus
January	2.78	2.67	2.59
February	3.05	2.93	2.86
March	3.09	2.97	2.90
April	3.01	2.90	2.82
May	3.16	3.05	2.97
June	2.95	2.84	2.76
July	3.00	2.89	2.81
August	3.14	3.02	2.95
September	3.42	3.31	3.23
October	3.44	3.33	3.26
November	3.03	2.92	2.85
January 2024	2.82	2.71	2.64

Cost of a full tank

The fuel prices to be sold at retail fueling stations are approved by the UAE’s Ministry of Energy and determined every month. The prices are based on the average global price of oil, its fluctuation – whether up or down, and includes the operating costs of distribution companies.

The drop in fuel prices – from November 2023 to January 2024, led to a saving of Dhs4.08 to Dhs5.18 on a full tank, depending on the type of car and its tank capacity.

The average fuel tank capacity for compact cars is 51 litres which cost Dhs138.21 for Super 95 in January 2024. Similarly, for SUVs with an average fuel tank capacity of 74 litres filling up on Super 95 petrol cost Dhs200.54 in January 2024. It cost Dhs208.68 to fill up an SUV with Super 98 while Dhs143.82 to fill up a sedan with a 51 litre tank capacity.

For a diesel vehicle, with fuel pump rates at Dhs3 per litre, it cost Dhs330 to fill up an SUV such as a Toyota Land Cruiser with a 110 litre tank, in January.