Published: Monday, September 30, 2024, 9:47am
Last updated: Monday, September 30, 2024, 10:26 a.m.
The UAE Fuel Price Commission has announced petrol and diesel prices for October 2024. The new rates will take effect from October 1st and are as follows:
The price of Super 98 petrol will be Dh2.66 per liter and Dh2.90 in September. Special 95 petrol costs Dh2.54 per litre, while the current rate is Dh2.78. The price of E-Plus 91 petrol will be Dh2.47 per liter and in September it will be Dh2.71 per liter. Diesel will cost Dh2.6 per liter, compared to the current rate of Dh2.78.
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Because global oil prices remained low in September, gasoline prices were expected to fall in October.
Brent crude oil prices averaged nearly $73 per barrel in September, compared to $78.63 per barrel in August, due to multiple factors including stable supply and news that Saudi Arabia plans to increase production It became.
Oil prices fell more than 4% in just two days last week on news that Saudi Arabia was abandoning its $100 per barrel target and planning to increase production.
Since the UAE deregulated petrol prices in 2015 to bring them in line with global rates, prices are revised at the end of every month. The UAE’s Fuel Price Commission is expected to officially announce retail prices for petrol and diesel tomorrow to bring them in line with global rates.
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