New fuel prices for the month of September have been announced by Ministry of Energy in the UAE. The petrol prices have increased a bit while the diesel price in UAE has observed a slight decrease. These new fuel prices will be applicable from 1st of September in the UAE.
Also Read: Fuel Prices August in the UAE
Fuel Prices for September 2016
According to the official details on fuel prices, Diesel will be sold at Dh1.72/litre, Super RON 98 at Dh1.75/litre, Special RON 95 at Dh1.64/litre and E-Plus RON 91 at Dh1.57/litre in September 2016.
The table given below shows officially announced fuel prices for the months of August and September 2016. You can easily make the comparison between Fuel Prices of the two months to have an idea of rise and fall for prices of different types of fuels.
Fuel Prices Fluctuations from January to September
In the year 2016, we have observed many fluctuations for fuel prices in the UAE. After 5 consecutive months where an increase in fuel prices was recorded, the prices got decreased in August but the petrol prices for September have again hiked. Diesel prices, however, have been decreased.
Reasons for rise and fall of Fuel Prices in the Region
The decisions made in the OPEC (Organization of the Petroleum Exporting Countries) meetings influence fuel prices all over the world. The current fluctuations have occurred to stabilize crude oil prices in global markets. Dr Mohammed Bin Saleh Al Sada, the President of OPEC has recently told that in coming months, the oil prices will continue to fluctuate as demand is rising in comparison to production. Motorists need to stay prepared for a potential rise in the fuel prices in coming months. Fuel Efficient vehicles, including the Hybrids and electric vehicles, are the most suitable solution for all short term and long term worries regarding fuel expenses for motorists in the UAE as these vehicles consume either less or no fuel.
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