UAE cuts fuel prices for April: Residents say they will save up to $55 a month, call it a ‘Ramadan gift’

UAE cuts fuel prices for April: Residents say they will save up to $55 a month, call it a ‘Ramadan gift’

Deira resident Ahmed Akram left his office early for his Friday prayers and daily devotion for Ramadan. He was just a few minutes away from the nearest petrol station when he got the breaking news alert: Fuel prices are dropping in April.

"It's surely a Ramadan gift, and we hope the gift for Eid is even better,” Akram said. "I will now wait for tomorrow or the day after to get fuel to make the most of the lower rates."

“I even informed my wife and brothers to wait a day to refill the fuel. We have three cars at home in total, with one SUV that consumes a lot of fuel," he added.

UAE residents on Friday welcomed the drop in petrol prices for April, and many agree with Akram, saying it's the "perfect Ramadan gift".

Rates will be slashed by up to 8 fils per litre, according to the announcement.

The price of Super 98 petrol dropped 7 fils from Dh3.09 to Dh 3.01, while the cost of Special 95 fell from Dh 2.97 to Dh 2.90. E-Plus 91, which was Dh 2.90 in March, would be Dh 2.82 in April. Diesel prices fell from Dh 3.14 to Dh3.03.

The reduction comes after two