Fuel prices stabilized for 11th consecutive month – Economy – UAE economy



[ad_1]

The fuel price committee set prices for gasoline and diesel of all kinds during the month of February for the 11th consecutive month, provided the prices are applied from Monday February 1, 2021.

Fuel distribution companies have announced prices for next month, as January prices included a 5% value added tax, for every liter of “98” supercharged gasoline about 1.91 dirham and one liter of gasoline. ’95’ special gasoline was around 1.80 dirhams. , and a liter of e-plus “91” gasoline was about 1.72 dirhams per liter, while the price of a liter of diesel fell by 5 fils to 2.01 dirhams.

The stability recorded by fuel prices comes at low rates for the 11th consecutive month, after registering similar stability in January at the same price limits in recent months.

The fuel price standards adopted by the Ministry of Energy and Industry are determined on a monthly basis, based on average international oil prices, rising or falling, after adding operating costs. distribution companies.

It should be noted that prices fell last April by around a quarter of a dirham per liter, recording the biggest drop of this type on a monthly basis, since the liberalization of prices in August 2015, while the price of 11 last months is the lowest. within four years.

Impression
E-mail




[ad_2]
Source link