The United Arab Emirates has announced April petrol and diesel prices, continuing a trend of stabilising the region’s petroleum market, Khaleej Times has reported. Following a February increase, fuel prices fell slightly in March, and this downward trend continued into April. The new rates reflect global price dynamics and are aimed at supporting both private car owners and commercial transporters.
The following rates will be introduced from April 1:
- Super 98 petrol will cost 2.57 dirhams per litre, down from 2.73 dirhams in March.
- Special 95 petrol will cost 2.46 dirhams per litre, down from 2.61 dirhams until the end of March.
- E-Plus 91 gasoline will be cheaper to 2.38 dirhams per liter, compared to 2.54 dirhams last month.
- Diesel fuel will also be cheaper – 2.63 dirhams per liter compared to 2.77 dirhams recorded in March.
The current change in fuel prices in the UAE is a continuation of the policy laid down back in 2015, when the country’s government deregulated gasoline prices, tying them to global oil prices. Since then, rates have been revised monthly, taking into account the situation on the global energy market. Thanks to this mechanism, the needs of the domestic market are balanced with international trends, and the prices themselves reflect real market dynamics.