Super 98 gasoline will cost Dh3.16 per litre as of May 1 compared to Dh3.01 in April. The price of Special 95 gasoline has increased from Dh2.90 to Dh3.05 per litre.
E-Plus 91 gasoline will cost Dh2.97 per litre instead of Dh2.82 it did in April.
Diesel will cost Dh2.91 per litre, down from Dh3.03 the month before. After two months of increases, the fuel price committee decided to slightly lower the rates in April by 8 fils per litre.
The UAE’s economy is expected to remain strong, with growth reaching 3.9 percent by the end of the year. Inflation is also expected to fall to 3.2 percent by year’s end, down from 4.8 percent last year.
This decrease is attributed to price stabilization and the diminishing impact of global imported inflation, with local factors such as rents and wages expected to contribute to this trend.
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