The UAE will hike fuel prices for the third straight month in October under rates confirmed by Emirates National Oil Company on Twitter.
The price for Super 98 has been increased 0.77 per cent from Dhs2.59 per litre to Dhs2.61 a litre, while the per litre cost for Special 95 is up 0.8 per cent from Dhs2.48 to Dhs2.50.
While the most substantial increase will be seen for diesel, up 4.35 per cent from Dhs2.64 to Dhs2.76.
The fuel prices for October in the #UAE as announced by the UAE Fuel Price Committee ? pic.twitter.com/WhZep5HEc4
— ENOC (@enoc_official) September 27, 2018
All rates are inclusive of VAT.
The increases make October the second most expensive month for petrol this year behind June, when Super 98 cost Dhs2.63.
The country’s pricing is based on international oil rates.
Brent crude hit a four-year high earlier this week of more than $82 due to concerns that looming US sanctions on Iran will impact global oil supplies.
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