UAE fuel prices lowest in 11 months: Residents plan more road trips, desert outings

  • Date: 04-Jan-2023
  • Source: Khaleej Times
  • Sector:Oil & Gas
  • Country:UAE
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UAE fuel prices lowest in 11 months: Residents plan more road trips, desert outings

The retail price of petrol was dropped by 52 fils per litre this month

Published: Wed 4 Jan 2023, 7:17 AM

More UAE residents are now indulging in desert drives or going on long road trips as the price of oil has taken a dip this month. There are several spots that people can visit during the cooler, winter months.

Rizwan Malik, a Pakistani national working in Sharjah, is an intrepid adventurer. He prefers long drives over city life, and at least once in 10 or 15 days, he gets together with friends for an outing. “The dip in fuel price has compelled us to plan frequent trips, maybe once or twice a week. We can now go on trips without burning a hole in our pocket, as my monthly fuel cost may have reduced to nearly Dh500,” said Malik.

The UAE on Friday (December 30) announced the retail fuel prices for January. The price was decreased by up to 52 fils per litre. Super 98 petrol costs Dh2.78 a liter, compared to Dh3.30 in December. Special 95 petrol has dropped to Dh2.67 per liter, compared to Dh3.18 in December.

Petrol prices were deregulated in August 2015 in the UAE as the government-linked local fuel