The United Arab Emirates has announced the lowest fuel prices of 2024, making December a particularly affordable month for drivers. The updated prices for December reflect a modest dip compared to November, with petrol variants Super 98, Special 95, and E-plus 91 offering savings of AED 0.04 to AED 0.08 per liter.
Fuel Price Breakdown for December 2024:
Super 98: AED 3.74
Special 95: AED 3.62
E-plus 91: AED 3.54
These reductions, though slight, offer significant savings for frequent commuters and those with larger vehicles.
How Much Will a Full Tank Cost?
Depending on the type of vehicle, the cost of filling a full tank in December is now lower. Here’s the comparison:
1. Compact Cars (51-liter tank):
Super 98: AED 190.74
Special 95: AED 184.62
E-plus 91: AED 180.54
2. Sedans (62-liter tank):
Super 98: AED 231.88
Special 95: AED 224.44
E-plus 91: AED 219.48
3. SUVs (74-liter tank):
Super 98: AED 276.76
Special 95: AED 267.88
E-plus 91: AED 262.96
Why the Drop in Prices?
The decrease in UAE’s fuel prices aligns with trends in global oil markets, driven by stabilization in crude oil demand and production adjustments from major oil-exporting nations. The country continues its commitment to passing on global savings to residents.
What Does This Mean for Drivers?
This price reduction is a relief for residents, especially amidst rising living costs in other sectors. Businesses relying heavily on transportation, such as delivery services, logistics, and ride-hailing platforms, are likely to benefit, potentially passing on savings to consumers.
Key Highlights:
- UAE’s December fuel prices are the lowest recorded in 2024.
- A full tank for most vehicles now costs AED 4-6 less compared to November.
- The price adjustment benefits both private motorists and businesses dependent on transportation.
- The fuel price reductions reflect global trends in crude oil market stabilization.
Source: This article is based on information from Khaleej Times.
