UAE Petrol Prices Raised For May As Diesel Cost Cut

UAE petrol prices will be higher in May.

The new rates are as follows:

• Super 98 petrol will cost Dhs3.16, up from Dhs3.01.
• Special 95 petrol will cost Dhs3.05, up from Dhs2.90.
• E-Plus 91 petrol will cost Dhs2.97, up from Dhs2.82.
• Diesel will cost Dhs2.91, down from Dhs3.03.

In 2022, UAE petrol prices went above Dhs4 for the first time in June.

UAE petrol prices in 2023

January 2023

• Super 98 petrol: Dhs2.78.
• Special 95 petrol: Dhs2.67.
• E-Plus 91 petrol: Dhs2.59.
• Diesel: Dhs3.29.

February 2023

• Super 98 petrol: Dhs3.05.
• Special 95 petrol: Dhs2.93.
• E-Plus 91 petrol: Dhs2.86.
• Diesel: Dhs3.38.

March 2023

• Super 98 petrol: Dhs3.09.
• Special 95 petrol: Dhs2.97.
• E-Plus 91 petrol: Dhs2.90.
• Diesel: Dhs3.14.

April 2023

• Super 98 petrol: Dhs3.01.
• Special 95 petrol: Dhs2.90.
• E-Plus 91 petrol: Dhs2.82.
• Diesel: Dhs3.03.

Fuel prices in the country were liberalised in 2015, with local rates being aligned with global oil prices.

For the past seven years, the fuel price committee has met on a monthly basis to announce revised rates.

The government hopes the measure will encourage more residents to use public transport while also incentivising the use of alternative fuels.