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Abu Dhabi, UAEMonday 10 December 2018

UAE petrol prices to fall significantly in December

Prices have fallen as much as 31 fils a litre

Petrol and diesel prices will fall in December. Fatima Al Marzooqi / The National.
Petrol and diesel prices will fall in December. Fatima Al Marzooqi / The National.

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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