This week, the UAE is expected to reveal the new petrol rates for the month of June. After falling in April and rising again in March, the price of gasoline increased nationwide in May. Prior to that, it had declined consecutively in January and February of this year.
Super 95, Super 98, and E-Plus will all see price increases, while diesel will see a decrease. May had the highest gasoline prices of the year, while diesel prices were at their lowest.
The 2020 coronavirus pandemic prompted the Fuel Price Committee to freeze prices. Later, in March 2021, the restrictions were eliminated to coincide with the global increase in oil prices.
Additionally, a global rise in crude oil prices has an impact on gasoline costs.
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