Prices have fallen as much as 31 fils a litre
UAE petrol prices to fall significantly in December
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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