UAE Petrol Prices Announced for January 2025

The UAE Fuel Prices Committee has announced the prices of petrol and diesel for January 2025, Khaleej Times has reported. The new rates, which remain unchanged from December fuel prices, will be effective from January 1 and will be as follows:

  • Super 98 petrol will cost AED 2.61 per litre.
  • Special 95 petrol will cost AED 2.50 per litre.
  • E-Plus 91 petrol will cost AED 2.43 per litre.
  • Diesel will cost AED 2.68 per litre.

UAE petrol prices to remain stable in early 2025

The start of the new year in the UAE brought no changes at petrol stations — the Fuel Pricing Committee has confirmed that petrol and diesel prices will remain at December levels from January 1, 2025. The price status quo is welcome news for consumers, especially given the fluctuations that have occurred throughout 2024. In the first half of the year, fuel prices rose steadily, reaching a peak in May when a liter of Super 98 cost 3.34 dirhams. After that, the trend reversed and prices began to gradually decline. Since December, rates have stabilized, and the new year begins without changes. Take a look at the monthly petrol prices for the past year below:

MonthSuper 98Special 95E-plus 91
January2.822.712.64
February2.882.762.69
March3.032.922.85
April3.153.032.96
May3.343.223.15
June3.143.022.95
July2.992.882.80
August3.052.932.86
September2.902.782.71
October2.662.542.47
November2.742.632.55
December2.612.502.43

Since the UAE deregulated gasoline prices in 2015 and aligned them with global rates, rates are reviewed at the end of each month.

Photo: Unsplash

Price dynamics in 2024: from peaks to stabilization

Analysis of monthly fluctuations in fuel prices during 2024 demonstrates a clear trend: growth in the first half of the year and a gradual decline in the second. For example, the price of Super 98 increased from 2.82 dirhams in January to a record 3.34 in May, after which it began to decline: to 2.66 in October and 2.61 in December. The same pattern was observed for other gasoline brands. It is worth recalling that since 2015, the UAE has implemented a policy of deregulating fuel prices — meaning they are no longer subsidized by the state and are revised monthly based on international quotes. This allows the market to adapt more quickly to changes and provides consumers with a more transparent pricing system.

Business

Similar news

Emirates NBD Reports Quarterly Profit of 6.4 Billion with 3% Growth

حقق بنك الإمارات دبي الوطني صافي ربح 6.4 مليارات درهم في الربع الأول من العام الجاري بنمو نسبته...

Emsteel Announces Stability in Its Prices for Steel and Construction Materials

The Emsteel Group, a leading manufacturer of steel and integrated construction materials, has announced its commitment to supporting...

Dubai Taxi Acquires 600 New Taxi License Plates

Dubai Taxi Corporation, a leader in comprehensive mobility solutions in the city, has announced its acquisition of 600...

Bank and Real Estate Stocks Boost Dubai Market at the Start of Trading

The indicators of local financial markets exhibited mixed performance at the outset of trading on Thursday. The Dubai...