Look out folks, fuel prices are seeing a hike over the summer
It’s official – fuel prices are on the rise.
For the month of July, all vehicles are subjected to a price increase of gas at all petrol stations. Here’s a breakdown of the increases:
Super 98 – from AED 2.95 to AED 3 per litre
Special 95 – from AED 2.84 to AED 2.89 per litre
Diesel – from AED 2.68 to AED 2.78 per litre
Here are the UAE fuel prices for Super 98 from January 2023 to July 2023.
2023
January: AED 2.78
February: AED 3.05
March: AED3.09
April: AED3.01
May: AED3.16
June: AED2.95
July: AED3
(These prices include % VAT).
The UAE’s Ministry of Energy first began setting UAE fuel prices based on global prices from other parts of the work since August 2015 – before that UAE residents were in a golden age of fuel costs which were lower than the vast majority of countries, as they were shielded by a government subsidy that didn’t factor global fluctuations into local petrol costs.
