- Advertisement -
Sunday, November 3, 2024
Home News Fleet Diesel fuel prices slashed by 12% in UAE

Diesel fuel prices slashed by 12% in UAE

Diesel prices in the UAE will be 12% lower from January 1, in a move likely to be welcomed by the local construction industry.

The UAE government moved to cut fuel subsidies in August, with prices set monthly, and tracking the open market more closely.

Diesel fuel will be AED1.61 ($0.438) per litre from the beginning of January, compared to AED1.83 per litre this month. Heavy industry and the transportation sector relies heavily on the fuel.

READ MORE: Gulf nations should ‘rethink fuel subsidies’ – Qatar think tank
OPINION: UAE fuel deregulation a game-changer for vehicles industry
READ MORE: Construction firms set to benefit from end of UAE fuel subsidies

The price of other gasoline products will also be lower in January. Super (98 octane) will be priced at AED1.69 per litre, Special (95 octane) at AED1.58, and E Plus (91 octane) at AED1.51.

The announcement was made by the Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, and reported by state news agency WAM.

- Advertisement -
- Advertisement -

Most Popular

Diesel nears 5 AED per litre as UAE fuel prices rise again

The price of diesel has been set at 4.76 dirhams per litre in July, a 62 fils increase from the 4.14 dirhams priced in...

SAF-HOLLAND showcased its entire brand portfolio for the first time at the IAA

SAF-HOLLAND has said it showcased its entire brand portfolio for the first time at the IAA Transportation show in Hanover, uniting all its companies...

The Kia Tasman rolls into Jeddah after UAE testing

Kia Corporation has officially introduced the Kia Tasman, its first-ever pickup truck, showcasing advanced capabilities for both work and leisure. Debuting at the Jeddah...

INDU Kishore Logistics breaks ground on state-of-the-art logistics facility

Dubai South, the UAE’s largest single-urban master development focused on aviation, logistics, and real estate, has partnered with INDU Kishore Logistics to break ground...

Related News

BMW Middle East showcases luxury and sustainability at Dubai Design Week

BMW Middle East is returning to Dubai Design Week as the exclusive Automotive Partner for the third consecutive year, presenting a unique pavilion that...

SAF-HOLLAND showcased its entire brand portfolio for the first time at the IAA

SAF-HOLLAND has said it showcased its entire brand portfolio for the first time at the IAA Transportation show in Hanover, uniting all its companies...

The Kia Tasman rolls into Jeddah after UAE testing

Kia Corporation has officially introduced the Kia Tasman, its first-ever pickup truck, showcasing advanced capabilities for both work and leisure. Debuting at the Jeddah...

INDU Kishore Logistics breaks ground on state-of-the-art logistics facility

Dubai South, the UAE’s largest single-urban master development focused on aviation, logistics, and real estate, has partnered with INDU Kishore Logistics to break ground...

Cargostore and HALEYS reveal high-spec trailers for Qatar

Cargostore Worldwide and HALEYS Group Middle East have joined forces to provide essential logistical infrastructure for the nation's expanding offshore energy projects. The collaboration...

LEAVE A REPLY

Please enter your comment!
Please enter your name here