Fuel Prices in UAE Increased 5%: May 2024 Petrol Prices in UAE

Posted by Ahmad Rashad Al Zeer on Apr 30, 2024

Per litre petrol prices in the UAE in May 2024, AED 3.07 for Diesel & AED 3.34 for Super 98, AED 3.22 for special 95 and AED 3.15 for e-plus 91

Petrol price in the UAE often stays regular, however, some fluctuations have been found in recent months. Even a small change (up or down) in petrol prices can have an effect on different industries. Typically, the logistics department is affected the most. Fuel prices are regularly considered the key to the increase or decrease of inflation, as they can affect residing costs and prices of finished products.

Petrol Price in UAE May 2024

The May 2024 petrol prices in the UAE are set at AED 3.15 for EPlus 91, AED 3.22 for Special 95, and AED 3.34 for Super 98. The current Diesel price in the UAE is AED 3.07 per litre. These prices became effective on 1st May 2024 and are anticipated to remain in place until the end of the month. It is worth noting that fuel prices in the UAE undergo monthly revisions, and the arrival of new prices for petrol and diesel in the UAE is expected in June 2024.

You can see below the UAE per litre petrol price for May 2024.

Super 98 fuel price in UAE: 3.34 (AED) 95 Special petrol price in UAE: 3.22 (AED) Diesel price in UAE: 3.07 (AED) 91 EPlus fuel price in UAE: 3.15 (AED)

 

Last Three Month's Petrol & Diesel Prices In UAE

Type of Fuel Petrol price in May 2024 Petrol price in April 2024 Petrol price in March 2024 Super 98 3.34 AED/litre 3.15 AED/litre 3.03 AED/litre EPlus 91 3.15 AED/litre 2.96 AED/litre 2.85 AED/litre Special 95 3.22 AED/litre 3.03 AED/litre 2.92 AED/litre Diesel 3.07 AED/litre 3.09 AED/litre 3.16 AED/litre

 

The UAE government has announced an increase in petrol prices for May 2024 and also a slight decrease in diesel prices in comparison to the April 2024 fuel prices, which also witnessed a small increase in petrol prices and the price of diesel. 

Reasons that make fuel prices in the UAE change?

The adjustment in oil prices can be because of more than one element. Nevertheless, these elements cannot be held responsible every month, as there are many unpredictable conditions to include in addition. Below are some of the main causes that could affect petrol prices.

OPEC (The Organization of Petroleum Exporting Countries) controls 80% of the global petrol supply. The difference between the supply and demand of petrol can have an effect on petrol expenses internationally. Natural disasters that affect the oil supply, storing or refining also can affect price fluctuations. Local taxes and interest rates also are accountable for creating instability in prices.

Petrol prices in the UAE no longer fluctuate at higher prices because the area is self-sufficient in oil manufacturing. However, different factors like 0-emission focus are teaching humans to move from combustion to electric-powered engines.

F&Q:

What is the petrol price in UAE today?

The petrol prices in UAE today in May 2024 are:

Super 98 petrol price in UAE today per litre: 3.34 (AED) 95 Special petrol price in UAE today per litre: 3.22 (AED) Diesel price in UAE today per litre: 3.07 (AED) 91 EPlus Petrol price in UAE today per litre: 3.15 (AED)

Keep tuned to YallaMotor’s news blog for the latest car news and petrol prices in UAE next month. 

If you are interested in contributing to zero emissions, you can search through used cars for sale in the UAE. You can also browse through one of these recommended electric car models.

Tesla Model S for sale in the UAE Volkswagen ID4 for sale in the UAE Tesla Model 3 for sale in the UAE

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