Introduction Of Petrol
The UAE’s Fuel Price Committee has officially released the petrol and diesel prices for August 2024, marking a slight increase across all fuel categories. The revised prices are set to take effect from August 1, impacting motorists throughout the country.
Table of Contents
New Fuel Prices for August 2024:
- Super 98 Petrol: Dh3.05 per litre
(Up from Dh2.99 in July) - Special 95 Petrol: Dh2.93 per litre
(Up from Dh2.88 in July) - E-Plus 91 Petrol: Dh2.86 per litre
(Up from Dh2.80 in July) - Diesel: Dh2.95 per litre
(Up from Dh2.89 in July)
This month’s price adjustments reflect ongoing fluctuations in the global oil markets, which continue to influence the cost of fuel in the UAE. The incremental increase, while modest, may have a cumulative impact on motorists, particularly those with long commutes or high fuel consumption.
The Fuel Price Committee, which sets the rates monthly, bases its decisions on the average global oil prices for the preceding month, along with operational costs. This mechanism ensures that fuel prices in the UAE remain competitive and responsive to international market trends.
For residents and businesses, the updated prices mean a slight rise in transportation costs. This could also influence the logistics sector, where diesel prices directly affect the cost of goods transportation.
As always, motorists are encouraged to stay informed and consider fuel efficiency measures to mitigate the impact of these changes.
Stay connected with the latest updates by following trusted news sources and channels.
