The Pak Banker

UAE petrol prices announced for June

- DUBAI -AP

The cost of filling up at the petrol pumps across the UAE will remain unchanged in June.

Roads in the Emirates are gradually becoming more busy as restrictio­ns are eased and residents return to work.

Prices were flat in May after a 10 per cent decrease in April, which came as a relief to many amid a financial squeeze caused by pay cuts and job losses as the world economy grappled with the effects of the coronaviru­s pandemic.

Here is the breakdown of prices per litre:

• Super 98: Dh1.91 (unchanged) • Special 95: Dh1.80 (unchanged) • Diesel: Dh2.06 (unchanged)

Petrol prices in the UAE were liberalise­d in August 2015 to allow them to move in line with the market.

Oil prices have been volatile during the past couple of months as consumptio­n fell significan­tly on the back of people staying at home and airlines being grounded around the world. In April, US crude fell into negative territory for the first time amid a supply glut.

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