iPhone | iPad
Android
Huawei
Temperature will reach up to 36ºC and 33ºC in Abu Dhabi and Dubai, respectively
KT APPDOWNLOAD
UAE: Residents welcome petrol price drop as 'perfect New Year's gift'
The fuel rates for next month are the lowest it has dipped to since January 2022
File photo
UAE residents have joyously welcomed the significant drop in petrol prices for January 2023, with many calling it the “perfect New Year’s gift”. Prices announced on December 30th marked a drop of more that 50 fils for petrol and a 45 fils reduction for diesel.
The price of Super 98 petrol dropped 52 fils from Dh3.30 to Dh2.78. The cost of Special 95 fell from Dh3.18 to Dh2.67. The prices of E-Plus 91 dropped 52 fils from Dh3.11 to Dh2.59. Diesel prices fell from Dh3.74 to Dh3.29 marking a 45 fils drop.
Indian expat Arijit Nandi, who drives daily to Abu Dhabi expressed his happiness. “It is a big relief and is the perfect New Year’s gift especially for those who drive between Dubai and Abu Dhabi every day,” he said. “It is a welcome move.”
This is the cheapest price of petrol since January 2022, when the price for Super 98 petrol was Dh2.65, Special 95 petrol was priced at Dh2.53 and the cost of E-plus petrol was Dh2.46.
Dubai-resident Mohammed said he was at the petrol station when prices were announced and he saw several cars drive away when the notifications came. There were similar scenes in other emirates as well.
"I had enough petrol to drive for another 15 kilometers and I was in the queue to refill my tank when I received the notification from Khaeej Times about the January petrol price,” said Ateeq Ahmed who was at Adnoc station in Al Nahda, Sharjah.
“So I decided to fill just Dh50 worth of fuel.”
The UAE deregulated retail fuel prices in August 2015 and since then, the committee announces revised rates every month. After peaking in July 2022 when retail fuel prices reached an all-time high in the UAE, the rates were reduced in August, September and October.
ALSO READ:
More news from UAE
Youssef Al Feel, along with his brothers and cousins, managed to break the windows and enter flooded houses — moving people to safety for an entire day
The patient had endured years of severe pain and debilitating health complications due to the tumour
Earlier, the Emergency, Crisis and Disaster Management confirmed the reopening of all roads in the emirate
Official autism-friendly in-flight certification is in the works, possibly used by other airlines
The world's largest marine conservation initiative spans more than 600 sq km, an area equivalent to over 85,000 football fields
No parking violations were issued during the extreme weather conditions
Video shows a red 4WD weaving in and out of traffic, causing a collision on the road shoulder
