In October 2024, petrol prices in the UAE have seen a notable decrease. The new rates, effective from October 1, reflect a reduction of 24 fils per litre compared to September’s prices. The updated prices are as follows:
- Super 98 Petrol: Dh2.66 per litre (down from Dh2.90)
- Special 95 Petrol: Dh2.54 per litre (down from Dh2.78)
- E-Plus 91 Petrol: Dh2.47 per litre (down from Dh2.71)
- Diesel: Dh2.60 per litre (down from Dh2.78)
This decline aligns with a drop in global oil prices, which averaged nearly $73 per barrel in September, down from $78.63 in August. Factors such as increased oil supply and adjustments in Saudi Arabia’s production strategies contributed to this trend
For motorists, these changes translate into lower costs for filling up their tanks. For example, the total cost for a full tank will decrease by approximately Dh12.24 to Dh17.76, depending on the vehicle type(
Overall, these adjustments highlight the ongoing fluctuations in the global oil market and the UAE’s commitment to transparent fuel pricing aligned with international trends.