UAE Fuel Prices Drop Slightly in April
UAE Fuel Prices for April: What to Know?
The United Arab Emirates (UAE) has officially announced the fuel prices for April, which continue to reflect international market trends. Compared to March, there is a slight decrease in both petrol and diesel prices, which could be good news for drivers.
April Prices Compared to March
The new prices effective from April 1 are as follows:
Super 98 petrol: 2.57 dirhams/liter (March: 2.73 dirhams)
Special 95 petrol: 2.46 dirhams/liter (March: 2.61 dirhams)
E-Plus 91 petrol: 2.38 dirhams/liter (March: 2.54 dirhams)
Diesel: 2.63 dirhams/liter (March: 2.77 dirhams)
The figures show a significant but moderate price drop for all fuel types, continuing the fluctuation observed between February and March.
What Influences UAE Fuel Prices?
The monthly price update has become a standard practice in the UAE since the deregulation of the fuel market in 2015, aligning prices with international oil prices.
Apart from changes in oil prices, other factors play a role including:
International demand and supply,
Geopolitical situations,
Economic forecasts.
What Does This Mean for Commuters?
While the price drop is small, it can result in significant savings over the long term, especially for those who drive longer distances. For instance, someone who fuels 100 liters of petrol per month:
For Super 98: 16 dirhams saved in April,
For Diesel: 14 dirhams less expenditure.
Although fluctuations are expected in the future, the transparency of the UAE fuel market allows users to plan ahead.
Summary
The fuel prices announced for April have brought a slight decrease, consistent with global trends. Due to ongoing price corrections, it is advisable to keep an eye on the monthly official announcements to optimize fueling costs.
Next date to watch: end of April when prices for May will be announced.
(Source of the article: UAE Fuel Prices Committee official announcement.)
