The UAE has announced the fuel prices for December 2024, and the changes are notable. For December, Super 98 is set at AED 2.61 per liter, while Special 95 costs AED 2.50 per liter. The price of E Plus 91 is AED 2.43 per liter, and Diesel is priced at AED 2.68 per liter.
December vs. November Fuel Prices
When comparing these prices to November 2024, we see a slight decrease in fuel prices. Last month, Super 98 was AED 2.74 per liter, and Special 95 was AED 2.63 per liter. The price of E Plus 91 in November stood at AED 2.55 per liter, while Diesel saw a minor increase of AED 0.01, taking it to AED 2.68, which was AED 2.67 per liter last month.
How the Prices Affect You
This decrease in fuel prices may affect the daily commute and transport costs for residents across the UAE. The changes are modest but enough to relieve drivers who already face high living expenses. Gasoline prices in the UAE have fluctuated over the years due to global oil market trends.
Why the variation?
Government officials continue to monitor global oil prices, adjusting local fuel costs accordingly. This pricing mechanism ensures the country stays aligned with international trends, although it sometimes leads to price hikes. The decrease in fuel prices in December is a direct result of variable global oil prices and supply chain dynamics.
What to Expect in the Coming Months
Looking ahead, experts predict that fuel prices in the UAE could rise in the coming months. With global oil prices continuing to rise, motorists may need to adjust their budgets accordingly. However, the UAE government has been proactive in stabilizing prices over the years.
Conclusion
In conclusion, December’s fuel price decrement reminds drivers in the UAE of the volatility in global energy markets. Though the decrease is relatively small, drivers should expect higher fuel costs. As always, residents need to stay informed and plan their expenses wisely.