Gasoline prices in the United Arab Emirates will rise, starting tomorrow, Monday, the first of next November.
Gasoline prices will rise by 20 fils per liter, an increase of 8% compared to October prices, and 30 fils for diesel, a 12% increase compared to October prices, according to the Emirati newspaper, Al Bayan.
With these new increases, the price of a liter of gasoline (Super 98) rose from 2.60 dirhams in October to 2.80 dirhams in November, and the price of a liter (special gasoline) 95 rose from 2.49 dirhams in October to 2.69 dirhams in November, and the price of a liter (E-plus gasoline) increased ) from 2.42 dirhams in October to 2.61 dirhams in November, while the price of a liter of diesel increased from 2.51 dirhams in October to 2.81 dirhams next month.
The fuel price follow-up committee in the UAE noted that the new price includes a value-added tax of 5%.
The rise in gasoline prices in the UAE came after fuel prices were stable at low rates for 11 months in a row, and after recording similar stability in January and February.