UAE Fuel Prices: The UAE fuel prices, announced on the last day of each month by the federal government, have become a subject of keen interest for residents and visitors alike. As the country grapples with global market fluctuations and local economic factors, the monthly price changes have a significant impact on household budgets and transportation costs.
September 2024: A Hope for Lower UAE Fuel Prices
Following a slight increase in prices during the summer months, many residents are eagerly anticipating a potential decrease in UAE fuel prices for September 2024. The recent dips in prices in June and July have raised hopes that the downward trend may continue.
Current Fuel Prices
As of August 2024, the current prices for petrol and diesel in the UAE are as follows:
- Super 98 petrol: Dhs3.05 per liter
- Special 95 petrol: Dhs2.93 per liter
- E-plus 91 petrol: Dhs2.86 per liter
- Diesel: Dhs2.95 per liter
Impact on Taxi Fares
The rising UAE fuel prices have directly impacted taxi fares in Dubai. The per-kilometer rate has increased to Dhs2.14, making transportation more expensive for commuters. However, a potential decrease in petrol prices could lead to a corresponding reduction in taxi fares.
Historical Trends
Since 2015, the UAE has adopted a monthly pricing mechanism for fuel, aligning with global market trends. UAE Fuel Prices have fluctuated significantly over the years, reaching an all-time high in July 2022.
Price Recap for 2024
Here’s a breakdown of fuel prices in the UAE for the first eight months of 2024:
| Month | Super 98 | Special 95 | E-plus 91 | Diesel |
| January | 2.82 | 2.71 | 2.64 | 3.00 |
| February | 2.88 | 2.76 | 2.69 | 2.99 |
| March | 3.03 | 2.92 | 2.85 | 3.16 |
| April | 3.15 | 3.03 | 2.96 | 3.09 |
| May | 3.34 | 3.22 | 3.15 | 3.07 |
| June | 3.14 | 3.02 | 2.95 | 2.88 |
| July | 2.99 | 2.88 | 2.80 | 2.89 |
| August | 3.05 | 2.93 | 2.86 | 2.95 |
Looking Ahead
While the September UAE fuel prices remain uncertain, the recent trends suggest a possibility of a decrease. However, the global market dynamics and geopolitical factors continue to influence fuel costs. Residents and commuters in the UAE can only wait and see what the new month brings in terms of fuel prices.