The UAE’s fuel price committee has recently released the petrol and diesel prices for January 2024, revealing a notable decrease compared to the previous month. This price adjustment is significant for residents and businesses across the UAE, as it influences a wide range of daily activities and economic sectors.
For January 2024, the price of Special 95 petrol is set at Dh2.71 per litre, showing a decrease from Dh2.85 in December 2023. This reduction in price is likely to be welcomed by motorists who use Special 95, one of the most commonly used petrol types in the country.
Similarly, Super 98 petrol, another widely used fuel type, will see a price drop to Dh2.82 per litre in January 2024, down from Dh2.96 in the previous month. This reduction could provide some relief to drivers who prefer Super 98 for its higher octane rating, which is often associated with better vehicle performance.
E-Plus 91 petrol, known for being a more economical option, is also experiencing a price decrease. It will be available at Dh2.64 a litre in January, compared to Dh2.77 a litre in December 2023. This makes E-Plus 91 an even more budget-friendly choice for motorists looking to reduce their fuel expenses.
Diesel, a crucial fuel for various industries including transportation and logistics, will see a significant price reduction. It will be priced at Dh3 a litre in January 2024, down from Dh3.19 in December 2023. This decrease in diesel price could positively impact the operational costs of businesses that rely heavily on diesel-powered vehicles and machinery.
These changes in fuel prices are part of the UAE’s ongoing efforts to regulate fuel costs, balancing market dynamics and economic considerations. The monthly fuel price announcements are closely watched by consumers and industries alike, as they directly affect transportation costs and, by extension, the overall cost of living and doing business in the UAE.
As the UAE continues to adjust fuel prices in response to global oil market trends and domestic economic factors, residents and businesses are encouraged to stay informed and plan accordingly to manage their fuel-related expenses effectively.
