Petrol and diesel prices will rise in March. The increases, though small, mean that Super 98 and diesel now cost more than Dh2 a litre.
The Ministry of Energy announced on Monday that consumers will pay Dh2.03 per litre for Super 98, up 1.5 per cent from February; Special 95 will cost Dh1.92, up 1.5 per cent; and E Plus will cost Dh1.85, up 1.6 per cent. Diesel will cost Dh2.02, up 1 per cent.
In February motorists paid Dh2 for a litre of Super 98, Dh1.89 for Special 95 and Dh1.82 for E Plus. Diesel cost Dh2 a litre.
The February prices were up from January’s levels. In January, Super 98 was priced at Dh1.91 per litre, Special 95 at Dh1.80 and E Plus at Dh1.73. Diesel was Dh1.94.
The price of a barrel of Brent crude was at US$56.65 a barrel on Monday afternoon. It began the year at $56.82.
Fuel prices are set by a Ministry of Energy-led committee using “benchmark prices” that have not been publicly specified.
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