In these financially uncertain time, most motorists would agree that filling their vehicles with fuel last month would have been a painful experience. We wouldn’t be surprised at all if many weren’t topping up all the way in a bid to save a few pennies - but the new month has brought with it new fuel prices and the good news is that they have dropped significantly.
September will actually see the lowest Super 98 prices since April this year as drivers will be paying Dh2.28 per litre while it cost Dh2.37 in August.
Special 95 will set you back Dh2.16 per litre (which is 10 fils lower than August’s Dh2.26 per litre charge) and diesel will cost Dh2.38 per litre. In comparison, this cost Dh2.42 last month. All prices include the VAT rate of 5 per cent.
Wondering why prices keep fluctuating? That’s because the UAE’s Ministry of Energy has been setting fuel prices based on average global prices since August 2015. Before that, the price of petrol in the UAE was subsidised by the government and this shielded consumers from global fluctuations.
Since prices have dropped, why not celebrate by taking a road trip next weekend? Or if you’re feeling really adventurous, why not buy a thirstier car that won’t cost much but will make you look rich?