The UAE has announced that the price of petrol will decrease in April 2023, diesel prices will also fall.
The cost of filling up the tank in vehicles in Dubai, Abu Dhabi and across the UAE will decrease next month for petrol users after the new prices were revealed.
With prices changing it will make motoring in the UAE just 2.36 percent cheaper than last month.
Starting April 1 the cost of filling up vehicles in the UAE is currently:
- Special 95 – AED2.90 litre from AED2.97 in March
- Super 98 – AED3.01 a litre from AED3.09 in March
- E-Plus – AED2.82 a litre from AED2.90 in March
- Diesel – AED3.03 a litre from AED3.14 in March
The Fuel Price Committee (FPC) had froze prices due to the coronavirus pandemic in 2020, however, the controls were removed in March 2021 to reflect rising oil prices globally.
In addition, petrol prices are also majorly affected by a global increase in crude oil prices.
Crude oil prices have skyrocketed since the beginning of 2022, thus affecting petrol prices, especially due to the ongoing Russia-Ukraine war, as Russia is one of the world’s largest exporters of oil.
Petrol prices in the UAE, which are set by the authorities, follow the global price movement for oil.
