‘Nearly half of what I used to pay’: UAE residents rejoice as fuel prices fall

‘Nearly half of what I used to pay’: UAE residents rejoice as fuel prices fall

For Salam Shehady, when petrol prices peaked in July, the cost of a full tank was around Dh200. “In January 2023, it will only cost me Dh100,” she said. “That is half of what I used to pay. So, I am really happy about the price drop.”

The Dubai resident whose office is in Abu Dhabi says the price of petrol directly impacts her decision to go into office. “When the prices were high, I could not afford to go to Abu Dhabi often so I would work out of the Dubai office,” she said. “But when the price drops, I go into the Abu Dhabi office more often. I am really thankful that the new year is bringing in some amazing news.”

Petrol prices for January 2023 announced on Friday marked a significant drop of at least 50 fils across the board. The price of Super 98 petrol dropped from Dh3.30 to Dh2.78. The cost of Special 95 fell from Dh3.18 to Dh2.67. The price of E-Plus 91 dropped 52 fils from Dh3.11 to Dh2.59. Diesel prices also fell from Dh3.74 to Dh3.29 marking a 45-fil drop.

Ateeq Ahmed was at Adnoc station in Al Nahda, Sharjah when he saw the Khaleej