The UAE is gearing up to announce petrol prices for February 2025 later this week. In January 2025, fuel prices were frozen, marking stability after a year of fluctuations in 2024. Current prices for diesel, Super 98, Special 95, and E-Plus 91 remain lower compared to early 2024, providing motorists with significant savings at the pump.
January 2025 Prices Overview
As of January 2025, fuel prices in the UAE stayed consistent with December 2024 levels. The per-litre costs were as follows:
- Diesel: AED 2.68
- Super 98: AED 2.61
- Special 95: AED 2.50
- E-Plus 91: AED 2.43
These figures are notably lower compared to January 2024, when E-Plus 91 was priced at AED 2.64, and diesel stood at AED 3.00 per litre. Special 95 and Super 98 have also seen price reductions over the year, making refueling more affordable.
2024 Price Trends
Throughout 2024, UAE petrol prices experienced fluctuations influenced by global crude oil trends. Prices peaked in May 2024, with Super 98 reaching AED 3.34 per litre and diesel at AED 3.07. However, the second half of the year saw consistent price reductions, with E-Plus 91 falling to AED 2.43 per litre by December 2024.
Impact of Global Oil Prices
The UAE Fuel Price Committee adjusts rates based on international oil market dynamics. After freezing petrol prices during the COVID-19 pandemic in 2020, the controls were lifted in March 2021, allowing market forces to dictate pricing. This shift has enabled the UAE to adapt to global oil price changes effectively.
Looking Ahead
The announcement of February 2025 fuel prices will likely reflect ongoing trends in global crude oil markets. With steady rates in January 2025 and lower annual averages, motorists in the UAE continue to benefit from reduced costs at the pump.
