New prices for petrol that won't leave you dissatisfied

The UAE’s Fuel Price Regulation Committee has announced that fuel prices will be reduced in October compared to September’s rates, which will be welcome news for motorists.

Starting October 1, Super 98 petrol will be priced at 2.66 AED per liter, down from 2.90 AED in September, offering significant savings for those who prefer high-octane fuel. Special 95 petrol will also see a decrease, now priced at 2.54 AED per liter compared to 2.78 AED last month. Meanwhile, E-Plus 91 petrol will cost 2.47 AED per liter, down from 2.71 AED in September.

Diesel prices have also been adjusted, dropping to 2.6 AED per liter from September’s rate of 2.78 AED per liter. This reduction in fuel prices aligns with global trends in the oil market. In September, the average price of Brent crude was approximately USD 73 per barrel, compared to USD 78.63 in August. The price decline is attributed to increased market supply, including plans by Saudi Arabia to boost oil production, which has stabilized prices.

It’s worth noting that in the UAE, fuel prices are reviewed monthly. The fuel committee assesses current market conditions each month and sets new petrol and diesel rates accordingly. Announcements are made on the last day of each month, allowing timely adjustments to reflect global market trends and provide residents with competitive fuel prices.