The United Arab Emirates has unveiled its approved retail fuel prices for December 2023, as the Ministry of Energy declared.
Subject to monthly adjustments, these prices are determined based on the global average oil price, accounting for operational distribution costs.
Significant Reductions in Gasoline and Diesel Prices:
The Fuel Prices Monitoring Committee has implemented notable reductions in fuel prices for December. The adjustments include decreases of 7 to 8 fils per liter for gasoline and a substantial reduction of 23 fils per liter for diesel compared to November 2023 prices.
New Rates Effective from December 1:
The revised fuel rates will come into effect from December 1, offering motorists a welcome relief with lowered costs at the pump.
| Fuel Category | Price per Litre (December) | Price per Litre (November) | Difference |
|---|---|---|---|
| Super 98 Petrol | Dh2.96 | Dh3.03 | 7 fils |
| Special 95 Petrol | Dh2.85 | Dh2.92 | 7 fils |
| E-plus 91 Petrol | Dh2.77 | Dh2.85 | 8 fils |
