UAE announces new petrol price drop for December 2023

The UAE adjusts domestic petrol and diesel prices on the first day of every month

01.12.2023 08:10 Views: 497
Photo from Arabian Business More details

The UAE has announced a reduction in petrol prices for the month of December, following its monthly fuel price adjustment.

After prices dropped in November, fuel costs have now decreased further according to the latest update from the UAE fuel price committee.

The UAE adjusts domestic petrol and diesel prices on the first day of every month, based on changes in global oil prices and foreign exchange rates.

The monthly adjustment mechanism allows the UAE to pass on international oil price fluctuations to customers, helping manage State subsidies in the energy sector.

UAE petrol and diesel prices

From December 1, the cost of filling up vehicles in the UAE will be:

  • Special 95 – AED2.85 litre from AED2.92 in November
  • Super 98 – AED2.96 a litre from AED3.03 in November
  • E-Plus – AED2.77 a litre from AED2.85 in November
  • Diesel – AED3.19 a litre from AED3.42 in November

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