UAE fuel prices increase for April 2024

March 31, 2024

The UAE fuel price committee on Sunday announced petrol and diesel prices for the month of April 2024.

Super 98 petrol will cost Dh3.15 a litre, compared to Dh3.03 a litre in March, while Special 95 will cost Dh3.03 a litre, compared to Dh2.92 a litre the previous month. E Plus 91 category petrol will be available for Dh2.96 a litre, compared to Dh2.85 a litre in March, while diesel will now cost Dh3.09 a litre, compared to Dh3.16 a litre the previous month.

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Globally, oil prices traded higher in March 2024 as compared to the previous month on a tighter supply outlook and heightened geopolitical risk. Crude prices settled at a four-month high during mid-March as the International Energy Agency projected a tighter market and also raised its own demand growth this year.

WTI crude was trading at $83.17 an ounce, up 2.24 per cent. While Brent was trading 1.86 per cent higher at $87.0.
Brent averaged around $84.25 a barrel in March 2024 as compared to $81.3 in the previous month. This $3 increase in average price in March is likely to be reflected in next few months.