UAE Petrol Prices Set to Increase in September: What to Expect
Dubai: Motorists in the UAE are awaiting the Fuel Price Committee’s announcement regarding petrol and diesel rates for September, set to be revealed in the coming days.
This monthly update, released on the last day of each month, adjusts fuel prices at stations across the Emirates and aligns them with global oil trends, helping residents better manage their fuel budgets.
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In August, petrol prices were as follows:
- Super 98: Dh2.69 per litre (down from Dh2.70 in July)
- Special 95: Dh2.57 per litre (slightly lower than Dh2.58 in July)
- E-Plus: Dh2.50 per litre (compared to Dh2.51 in July)
- Diesel: Dh2.78 per litre (up from Dh2.63 last month)
Recent increases in global oil prices, driven by potential interest rate cuts from the US Federal Reserve, have raised expectations for a modest rise in local fuel prices.
Brent crude has reached its highest levels in nearly three weeks, while West Texas Intermediate (WTI) has briefly surpassed $64 per barrel.
However, concerns about slowing economic growth may limit significant price hikes. Analysts suggest that while modest increases are likely next month, substantial jumps are improbable unless there is a surge in demand or geopolitical tensions escalate.
For now, UAE drivers can take advantage of the current lower prices at the pump, but should prepare for small increases ahead.
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