UAE increases fuel prices for March 2024

Fuel prices for March 2024

The UAE Fuel Price Committee has released the petrol and diesel prices for March 2024. The revised rates will come into effect on march 1 and are outlined below:

Special 95 petrol will be priced at AED2.92 per litre, compared to AED2.76 in the previous month.
Super 98 petrol will be priced at AED3.03 per litre, compared to AED2.88 in November.
E-Plus 91 petrol will be priced at AED2.85 per litre, compared to AED2.69 in last month.
Diesel will be available at AED3.16 per litre, drop from AED2.99 in the preceding month.

Petrol prices in the UAE have increased by nearly 15 fils for March 2024, as compared to the previous month.

Petrol and Diesel prices in the past year

Prices in AED per litre	E-Plus 91	Special 95	Super 98	Diesel
February 2024	2.69	2.76	2.88	2.99
January 2024	2.64	2.71	2.82	3.00
December 2023	2.77	2.85	2.96	3.19
November 2023	2.85	2.92	3.03	3.42
October 2023	3.26	3.33	3.44	3.57
September 2023	3.23	3.31	3.42	3.40
August 2023	2.95	3.02	3.14	2.95
July 2023	2.81	2.89	3	2.76
June 2023	2.76	2.84	2.95	2.68
May 2023	2.97	3.05	3.16	2.91
April 2023	2.82	2.9	3.01	3.03
March 2023	2.9	2.97	3.09	3.14
February 2023	2.86	2.93	3.05	3.38
January 2023	2.95	2.67	2.78	3.29
December 2022	3.11	3.18	3.3	3.74
November 2022	3.13	3.2	3.32	4.01
October 2022	2.85	2.92	3.03	3.76
September 2022	3.22	3.3	3.41	3.87
August 2022	3.84	3.92	4.03	4.14
July 2022	4.44	4.52	4.63	4.76

Since December 2015, the UAE‘s Ministry of Energy started determining fuel prices by considering average global prices. Before that, the government used to subsidize petrol prices in the UAE, providing consumers protection against fluctuations in the global petrol costs.

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