UAE petrol prices to fall significantly in December
Prices have fallen as much as 31 fils a litre
Petrol and diesel prices in the UAE will decrease significantly in December, the Abu Dhabi National Oil Company announced on Thursday.
Here's the breakdown:
• Super 98: Dh2.25 a litre (down from Dh2.57 in November)
• Special 95: Dh2.15 (down from Dh2.46)
• Diesel: Dh2.61 (down from Dh2.87)
Since the middle of the year, the price at the petrol pumps has been fluctuating. Brent crude oil is down about a third from a four-year high of $86 in October due to rising supply. It was at $58.71 on Friday.
Fuel prices in the UAE were liberalised about two years ago, so they now move with the market.
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Updated: December 2, 2018 03:29 PM