Huge drop in fuel prices for December

Fuel prices have significantly dropped for December. The prices have fallen up to 13.87 per cent compared to prices this month, according to an announcement by the Ministry of Energy and Industry yesterday.

According to the Ministry advisory, the new fuel prices for December will be Dh2.25 per litre for Super 98 [12.45 per cent down from November price of Dh2.57; Special 95 Dh2.15 [12.6 per cent down] from November price of Dh2.46.

E-Plus 91 will be sold in December at Dh2.05 a litre [13.87 per cent down] from November price of Dh2.38.

The diesel price has also dropped to Dh2.61 per litre in December [9.06 per cent down] from November price of Dh2.87 a litre.

The monthly prices are set according to international oil prices.