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Abu Dhabi, UAEMonday 24 September 2018

Good news for motorists as UAE fuel prices fall in March 

All types of fuel are down on February 

Fuel prices fell across all categories for March. Christopher Pike / The National
Fuel prices fell across all categories for March. Christopher Pike / The National

There was good news for motorists on Wednesday as the price of fuel has dropped slightly for March:

  • Super 98 decreased to 2.33 a litre from 2.36 in February.
  • Special 95 is 2.22, down from 2.25
  • E-Plus 91 is 2.14 which fell from 2.17
  • Diesel will be 2.43, falling from 2.49
Ramon Penas / The National
Ramon Penas / The National

The new prices were announced by the Ministry of Energy and Industry on Wednesday and are inclusive of 5 per cent VAT.

Fuel prices were liberalised about two years ago and now prices move with the market.

UAE fuel prices are linked to crude oil prices, with Brent crude currently trading at US$65 a barrel.

Wondering how fuel prices are then calculated? Read our explainer

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