The UAE fuel price committee announced petrol and diesel prices for March 2024 on Thursday.
Starting March 1, Super 98 petrol will be priced at Dh3.03 per liter, compared to Dh2.88 in February.
Special 95 gasoline will be priced Dh2.92 a liter, compared to Dh2.76 last month, while E-Plus 91 will be priced Dh2.85 a liter, compared to Dh2.69 the previous month.
Diesel will cost Dh3.16 a liter, up from Dh2.99 in February.
Read: Oil prices slip as concerns over demand mount
How are petrol, diesel prices determined?
Since 2015, fuel prices in the UAE have been moving in line with the international markets.
Prices are determined by the fuel price committee, chaired by the undersecretary of the Ministry of Energy.
The committee includes members of the energy and finance ministries, as well as CEOs of Adnoc Distribution and Emirates National Oil Company.
The committee, when deciding the fuel pieces, does not rely on just one global market. It considers an average of global prices as well as operating costs of distribution companies.
