The UAE Fuel Price Committee has approved the fuel/petrol prices for January 2025 as follows:
- Diesel: AED2.68 per litre.
- Super “98”: AED2.61 per litre.
- Special “95”: AED2.50 per litre.
- E-Plus “91”: AED2.43 per litre.
Emirates Petroleum Company P.J.S.C (Emarat) has also published January 2025 prices on X.
أسعار الوقود الشهرية:
أعلنت لجنة متابعة أسعار الوقود في الإمارات العربية المتحدة عن أسعار الوقود لشهر يناير 2025.Monthly Fuel Price Announcement :
January 2025 fuel prices released by the #UAE Fuel Price Follow-up Committee. pic.twitter.com/tJPQaE3QMm— Emarat (امارات) (@EmaratOfficial) December 31, 2024
Oil prices experienced a rise on Tuesday, buoyed by encouraging data from China’s manufacturing sector. However, trading activity was low on the last day of the year as investors evaluated the prospects for the upcoming year.
As of 21:05 ET (02:05 GMT), Brent oil futures climbed 0.7 percent to $74.51 per barrel, while crude oil WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel.
How are petrol, diesel prices determined?
Since 2015, the UAE diesel and petrol prices 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.