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October 2024 Petrol Prices in UAE Drop Significantly, Reflecting Global Market Trends

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.

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