Fuel Price Increase in the UAE for August 2024

After a brief decline in fuel price throughout June and July, the UAE has seen a modest increase in the cost of petrol and diesel.
After a brief decline in fuel price throughout June and July, the UAE has seen a modest increase in the cost of petrol and diesel.
After a brief decline in fuel price throughout June and July, the UAE has seen a modest increase in the cost of petrol and diesel.

After a brief decline in fuel price during June and July, the UAE has seen a slight rise in the cost of petrol and diesel for August 2024.

The updated prices, announced by the UAE federal government through the petroleum firm Emarat, are as follows:

  • Super 98: Dhs3.05 per litre (up from Dhs2.99 in July)
  • Special 95: Dhs2.93 per litre (up from Dhs2.88 in July)
  • E-Plus 91: Dhs2.86 per litre (up from Dhs2.80 in July)
  • Diesel: Dhs2.95 per litre (up from Dhs2.89 in July)

These new rates came into effect on August 1, 2024.

The increase in petrol prices may also impact the cost of taxi rides in Dubai, where the per kilometer rate is currently Dhs2.14.

Recent Trends in UAE Fuel Price:

Fuel prices in the UAE have been adjusted monthly since 2015 in alignment with global market trends. Here’s a recap of the petrol price fluctuations for 2024:

  • January 2024
    • Super 98: Dhs2.82 per litre
    • Special 95: Dhs2.71 per liter
    • E-Plus 91: Dhs2.64 per litre
    • Diesel: Dhs3.00 per litre
  • February 2024
    • Super 98: Dhs2.88 per litre
    • Special 95: Dhs2.76 per liter
    • E-Plus 91: Dhs2.69 per litre
    • Diesel: Dhs2.99 per litre
  • March 2024
    • Super 98: Dhs3.03 per litre
    • Special 95: Dhs2.92 per liter
    • E-Plus 91: Dhs2.85 per litre
    • Diesel: Dhs3.16 per litre
  • April 2024
    • Super 98: Dhs3.15 per litre
    • Special 95: Dhs3.03 per liter
    • E-Plus 91: Dhs2.96 per litre
    • Diesel: Dhs3.09 per litre
  • May 2024
    • Super 98: Dhs3.34 per litre
    • Special 95: Dhs3.22 per liter
    • E-Plus 91: Dhs3.15 per litre
    • Diesel: Dhs3.07 per litre
  • June 2024
    • Super 98: Dhs3.14 per litre
    • Special 95: Dhs3.02 per liter
    • E-Plus 91: Dhs2.95 per litre
    • Diesel: Dhs2.88 per litre
  • July 2024
    • Super 98: Dhs2.99 per litre
    • Special 95: Dhs2.88 per liter
    • E-Plus 91: Dhs2.80 per litre
    • Diesel: Dhs2.89 per litre
  • August 2024
    • Super 98: Dhs3.05 per litre
    • Special 95: Dhs2.93 per liter
    • E-Plus 91: Dhs2.86 per litre
    • Diesel: Dhs2.95 per litre

These prices include a 5% VAT and are subject to monthly adjustments based on international oil price trends. The highest recorded price for Super 98 was Dhs4.63 per litre in July 2022.

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Ashley Simon is an accomplished editor at Dubai Magazine, where she specializes in covering business lifestyle. With a keen eye for detail and a passion for insightful storytelling, Ashley brings the latest trends and insights from the world of business to life for her readers. Her expertise in the industry and dedication to high-quality journalism make her a valuable asset to the magazine.

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