UAE Fuel Prices Fall for September
Drivers will pay less at the petrol pumps from next Tuesday.
E-plus (91-octane) petrol will come down in price by 8.7 per cent, from Dh2.07 to Dh1.89 a litre; Special (95) by 8.4 per cent from Dh2.14 to Dh1.96; and Super (98) by 8 per cent from Dh2.25 to Dh2.07.
Diesel will fall 19 fils to Dh1.86 per litre, a drop of more than 9 per cent. This is on top of the drop in price at the beginning of this month, by 29 per cent in Dubai and the Northern Emirates and 12 per cent in Abu Dhabi.
The changes on September 1 will be the second since the price of fuel was deregulated in July.
It is now set each month by an independent committee chaired by a Ministry of Energy official and including the chiefs of the fuel companies Adnoc and Enoc, which decides on retail prices based on international markets.
The prices announced on Thursday are a partial reversal of the committee’s first decision in July, when petrol prices rose by about 24 per cent from August 1. Details