Latest Petrol Price in UAE 1st December 2024

New prices of petroleum products have been released in the UAE for the month of December 2024. The price of Super 98 petrol has been reduced from Dh3.03 (Rs. 235) per liter to Dh2.96 (Rs. 229) per litre.

Similarly, the price of Special 95 petrol has been reduced from 2.92 dirhams (about Rs. 226) to 2.85 dirhams (about 221 rupees), the price of E Plus 91 petrol has been reduced from 2.85 dirhams (about 221 rupees) to 2.77 dirhams (about 215 rupees) and the price of diesel has been reduced to 3.42 dirhams (about 265 rupees). ) has been reduced to 3.19 dirhams (about Rs. 247) per liter. These prices have been implemented from December 1.The latest petrol price in UAE on 1st December 2024 is as follows:

  • Super 98 – AED 2.96 per litre
  • Special 95 – AED 2.85 per litre
  • E-Plus 91 – AED 2.77 per litre
  • Diesel – AED 3.19 per litre

The energy ministries of Saudi Arabia and the United Arab Emirates jointly announced in April that they would voluntarily cut their oil production by the end of this year. Saudi Arabia will cut production by 1 million barrels per day while the UAE will cut production by 144,000 barrels per day to balance prices.

Latest Petrol Price in UAE 1st May 2024

Latest petrol price in uae 1st December 2024 near

The price of Super 98 petrol will be 3.16 dirhams per litre, which was 3.01 dirhams in April. Similarly, the price of Special 95 petrol has been increased from 2.90 dirhams to 3.05 dirhams per liter and the price of E Plus has been increased from 2.82 to 2.97 dirhams per litre. The revised rates for the month of May are the highest in 2024. Due to increase in prices, the cost of transportation will increase and people will use public transport more. On the other hand, diesel prices have been reduced by 12 fils per liter for the month of May, after which it will be priced at 2.91 dirhams per litre.

uae petrol price December 2024

متحدہ عرب امارات فیول کی قیمتوں میں اضافہ
موجودہ قیمت سابقہ قیمت پیٹرولیم مصنوعات
2.96 درہم لیٹر 3.03 درہم سپر پیٹرول
2.85 درہم لیٹر 2.92 درہم پیٹرول

The UAE has deregulated fuel prices since 2015 and aligned them with global oil prices. Hence the rates are revised at the end of every month in line with global prices to reduce the burden on local fuel retailers. Petrol prices peaked in the middle of last year when global oil prices crossed 4.5 dirhams per liter following the Ukraine-Russia war. Local petrol prices, despite reaching their highest levels this year, are still much cheaper than the global average of Dh4.87 as of April 24.