UAE cuts petrol prices for March, diesel prices up

Dubai - The domestic diesel price will rise to Dh1.40 from Dh1.37.

The United Arab Emirates will reduce domestic prices for petrol in March while raising them for diesel, the ministry of energy said on Sunday.
Also read: Fuel prices in UAE drop further for February
The price of a litre of octane 95 petrol will fall to Dh1.36 from Dh1.47 at the start of next month, the ministry said via Twitter. It cited lower demand for gasoline at this time of the year as well as movements in international gasoline prices and higher supply.
The domestic diesel price will rise to Dh1.40 from Dh1.37.
Last July, the UAE said it was shifting from a system of fixed, subsidised fuel prices to adjusting prices monthly in response to global trends.
 

Fuel prices movement in UAE since July 2015 (Dh/litre)
Date	Gasoline 98	Special 95	E-plus 91	Diesel
Jul-15	1.83	1.72	1.61	2.9
Aug-15	2.25	2.14	2.07	2.05
Sep-15	2.07	1.96	1.89	1.86
Oct-15	1.9	1.79	1.72	1.89
Nov-15	1.81	1.7	1.63	1.87
Dec-15	1.79	1.68	1.61	1.83
Jan-16	1.69	1.58	1.51	1.61
Feb-16	1.58	1.47	1.4	1.37
Mar-16	1.47	1.36	1.29	1.4