Dubai: There is good news for the people of UAE as the new year is about to dawn. A sharp reduction in the price of petrol and diesel was announced for the month of January.
52 phil per liter for petrol and 45 phil for diesel. The new price of Super 98 petrol is 2.78 dirhams per litre. In December it was 3.30 dirhams. Special 95 petrol, which was 3.18 dirhams in December, has become 2.67 dirhams per litre. The price of E-Plus 91 petrol fell to Dh2.59 per liter from Dh3.11 per liter last month.
Diesel also recorded very low levels. The price of diesel in January is 3.29 dirhams per liter, which was 3.74 dirhams in December.
Last month there was only a slight drop of 2 fils in the price of fuel. Residents, including non-residents, are relieved that there is no rate hike.