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THE ECONOMY - FUEL PRICE

Fuel prices in UAE for June 2016

Posted on 30/05/2016

The Ministry of Energy hiked fuel prices further for the month of June. The new per litre prices are Super 98-Dh1.86, up from Dh1.78 in May, Special 95-Dh1.75, up from Dh1.67, and E Plus91-Dh1.68, up from Dh1.60. The diesel price has been increased from Dh1.60 in May to Dh1.77 for June. The new prices were announced as global oil prices recover due to rise in demand and disruptions in supplies specially from Nigeria. Brent, the global benchmark, was trading at around US$50 per barrel, the ...  >>MORE

Fuel prices in UAE increase for April

Posted on 29/03/2016

The new fuel prices per litre are Super 98 Dh1.62 up from Dh1.47 in March, Special 95 Dh1.51 up from Dh1.36, E Plus-91-Dh1.44, increased from Dh1.29. Diesel will be sold at Dh1.56 per litre, up from Dh1.40 per litre in March. The fuel prices, which are linked to global oil prices, have been recovering for the past two months as oil producing countries gear up for the crucial Doha meeting on April 17, which is aimed at reaching an agreement between Opec (Organisation of the Petroleum Exporting ...  >>MORE

Fuel price follow-up committee announces prices for March

Posted on 29/02/2016

The Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, today concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for March. Diesel prices went up by 2 percent to AED1.40 per litre from the February price of AED1.37. Petrol prices dropped, with Special 95 priced at AED1.36 per litre, down from AED1.47 per litre in February. Super 98 will be sold at AED1.47 per litre, down from AED1.58 and E plus 91 at ...  >>MORE

Fuel Price Follow-up Committee announces prices for February

Posted on 29/01/2016

The Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, yesterday concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for February. Diesel fuel prices for February will be Dh1.37 per litre, and for gasoline products: Super (98 octane) Dh1.58, Special (95 octane) Dh1.47, and E Plus (91 octane) Dh1.40 per litre. Dr. Al Neyadi said, "The prices are based on the average global prices for diesel and gasoline ...  >>MORE

Fuel price follow-up committee announces prices for January

Posted on 29/12/2015

The Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, yesterday concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for January. Diesel fuel prices for January will be Dh1.61 per litre, and for gasoline products: Super (98 octane) Dh1.69, Special (95 octane) Dh1.58, and E Plus (91 octane) Dh1.51 per litre. – Emirates News Agency, WAM – ...  >>MORE

UAE fuel prices drop for November

Posted on 29/10/2015

The Ministry of Energy has announced new petrol prices for November. The fuel prices per litre are Super 98 at Dh1.81, Special 95 at Dh1.70, E Plus-91 at Dh1.63 and diesel at Dh1.87. The prices, lower than those in October, will come into effect on November 1. In July, the Ministry of Energy announced that fuel prices would be deregulated and a new pricing policy linked to global prices would be adopted. Following the decision, petrol prices increased by more than 20 per cent and diesel ...  >>MORE

Fuel Price Follow-up Committee announces prices for October

Posted on 29/09/2015

The Fuel Price Follow-up Committee, chaired by Dr. Matar Al Nyadi, Under-Secretary for the Ministry of Energy, yesterday concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for the month of October. The fuel prices for October will be: Diesel Dh1.89, and for gasoline products: Super (98 octane) Dh1.90, Special (95 octane) Dh1.79, and E Plus (91 octane) Dh1.72 per litre. – Emirates News Agency, WAM ->>MORE

Fuel Price Committee announces fuel prices for September 2015

Posted on 28/08/2015

The Fuel Price Committee, chaired by Dr. Matar Al Nyadi, Under-Secretary for the Ministry of Energy, has announced gasoline and diesel prices for the month of September 2015. All petrol stations in the UAE will retail diesel at Dh 1.86 per litre. Gasoline will be sold to consumers at Dh 1.89 per litre for E-plus (Octane 91 petrol), Dh 1.96 per litre for Special (Octane 95 petrol) and Dh 2.07 per litre for Super (Octane 98 petrol). The new prices will come into effect on Tuesday, September 1, ...  >>MORE

September fuel prices likely to be lower compared to August

Posted on 27/08/2015

The UAE Ministry of Energy will announce new fuel prices for the month of September today In a tweet, Dr Matar Al Neyadi, Undersecretary of the Ministry of Energy and Chairman of the Fuel Price Committee, said the fuel prices are likely to be lower for the month of September than the previous month. The fuel price committee will take into account average international prices in deciding the fuel prices for the following month. The committee will be chaired by the Undersecretary of the ...  >>MORE

QCC launches campaign to ensure accuracy of fuel meters in Abu Dhabi

Posted on 06/08/2015

The Abu Dhabi Quality and Conformity Council (QCC), in collaboration with ADNOC Distribution, has launched a campaign to verify the accuracy of all fuel meters used at ADNOC Distribution service stations in Abu Dhabi. The move aims to promote fair trade in Abu Dhabi by ensuring the conformity of fuel meters to the highest global quality standards. From the beginning of 2015 until July, a total of 1,960 fuel meters across 82 service stations in Abu Dhabi, Al Ain and the Western Region have been ...  >>MORE

New fuel prices will bring positive outcome - editorials

Posted on 30/07/2015

The UAE dailies yesterday commented editorially on the new fuel prices announced yesterday by the UAE as part of the new pricing policy describing the positive outcome of the decision. The Dubai-based Gulf News daily said the end of fuel subsidies in the UAE will have the huge benefit of encouraging all road users to change their habits for the better. "Nothing is going to change overnight and most car users will adapt to the 24 per cent rise in the price of regular petrol, but in the long ...  >>MORE

New fuel prices announced for August

Posted on 29/07/2015

The Fuel Price Committee, chaired by Dr. Matar Al Nyadi, Under-Secretary for the Ministry of Energy, yesterday announced the gasoline and diesel prices for the month of August 2015 across all petrol stations in the UAE. The announcement was made at the committee's meeting that was attended by its members including Younis Khouri, Under-Secretary for the Ministry of Finance, Abdullah Salem Al Dhaheri, CEO of ADNOC Distribution, and Saif Al Falasi, CEO of Emirates National Oil Company (ENOC). ...  >>MORE

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