What will UAE diesel and petrol prices look like in February?
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1. February 2025 Petrol Price Forecast
As January comes to a close, the focus shifts to the UAE petrol price prediction for February 2025. The past two months have seen a price freeze, raising questions about whether we will see a drop in the UAE petrol price next month.
The UAE fuel price committee, which includes representatives from the Ministry of Energy & Infrastructure, is set to announce the new rates on the last day of January.
Current Petrol Prices in Dubai
The current petrol prices in Dubai, effective from January 1, 2025, are as follows:
Super 98: Dhs2.61 per litre
Special 95: Dhs2.50 per litre
E-Plus 91: Dhs2.43 per litre
Diesel: Dhs2.68 per litre
These prices have remained unchanged from December 2024, marking the lowest point in the past year.
Monthly Price Announcements
The UAE fuel price committee announces petrol prices on the last day of each month. This practice, in place since the deregulation of fuel prices in August 2015, aligns local rates with global oil prices.
The committee's decisions are influenced by various factors, including global oil market trends and geopolitical events.
Impact of Global Oil Prices
Global oil prices significantly impact the UAE petrol price prediction for February 2025.
Recent events, such as US sanctions on Russia and economic data from China, have created market volatility.
Brent crude traded near $76.54 a barrel as of January 30, 2025, while US West Texas Intermediate crude futures rose to $72.67 a barrel.
These fluctuations in global oil prices will likely influence the UAE petrol price next month.
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2. Current Petrol Prices in Dubai
The current petrol prices in Dubai, effective from January 1, 2025, are as follows:
Super 98: Dhs2.61 per litre
Special 95: Dhs2.50 per litre
E-Plus 91: Dhs2.43 per litre
Diesel: Dhs2.68 per litre
These prices have remained unchanged from December 2024, marking the lowest point in the past year.
Super 98: Dhs2.61 per litre
Super 98 petrol is priced at Dhs2.61 per litre. This high-octane fuel is preferred for high-performance vehicles and has seen a consistent price over the past two months.
Special 95: Dhs2.50 per litre
Special 95 petrol, suitable for most vehicles, is priced at Dhs2.50 per litre. This price stability benefits everyday motorists, providing a predictable cost for refueling.
E-Plus 91: Dhs2.43 per litre
E-Plus 91 petrol, the most economical option, is priced at Dhs2.43 per litre. This fuel is ideal for budget-conscious drivers and has maintained its price since December 2024.
Diesel: Dhs2.68 per litre
Diesel, essential for commercial vehicles, is priced at Dhs2.68 per litre. The stability in diesel prices supports the logistics and transportation sectors, ensuring cost-effective operations.
3. Monthly Price Announcements
The UAE fuel price committee announces petrol prices on the last day of each month. This practice, in place since the deregulation of fuel prices in August 2015, aligns local rates with global oil prices. The committee's decisions are influenced by various factors, including global oil market trends and geopolitical events.
Role of the UAE Fuel Price Committee
The UAE fuel price committee, comprising representatives from the Ministry of Energy & Infrastructure and the Ministry of Finance, reviews and sets petrol prices monthly. This committee ensures that local fuel prices reflect global market conditions, promoting transparency and economic stability.
Historical Trend of Petrol Prices in UAE
Since the deregulation of fuel prices in August 2015, the UAE has adjusted petrol prices monthly. This policy aims to rationalize fuel consumption, encourage the use of public transport, and incentivize alternative fuels. The monthly announcements provide clarity and predictability for consumers and businesses alike.
Recent Announcements
In January 2025, the UAE fuel price committee announced that petrol prices would remain unchanged from December 2024. This decision marked the second consecutive month of price stability, providing relief to motorists amid global economic uncertainties.
4. Price Trends Over the Past Year
To understand the UAE petrol price prediction for February 2025, it's essential to look at the price trends over the past year.
Here's a table showing the petrol prices over the past year:
UAE Price Trends Over the Past Year
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5. Global Oil Market Impact
Global oil prices significantly impact the UAE petrol price prediction for February 2025. Recent events, such as US sanctions on Russia and economic data from China, have created market volatility.
Brent crude traded near $76.54 a barrel as of January 30, 2025, while US West Texas Intermediate crude futures rose to $72.67 a barrel.
These fluctuations in global oil prices will likely influence the UAE petrol price next month.
US Sanctions on Russia
The imposition of US sanctions on Russia has disrupted global oil supply chains, leading to price volatility.
These sanctions have reduced the availability of Russian oil in the market, causing prices to fluctuate as other producers attempt to fill the gap.
Trade Tensions with China
Trade tensions between the US and China have also impacted global oil prices. Economic uncertainties and potential trade restrictions can lead to fluctuations in demand, affecting oil prices worldwide.
The UAE petrol price next month will likely reflect these global market dynamics.
OPEC+ Decisions
OPEC+ decisions on oil production levels play a crucial role in determining global oil prices.
The UAE, as a member of OPEC, aligns its petrol prices with these decisions. Any changes in production quotas or agreements among OPEC+ members can lead to significant price adjustments.
Factors Influencing Price Trends
Several factors influenced the price trends in 2024, shaping the UAE petrol price prediction for February 2025:
Global Oil Market Dynamics
The global oil market plays a crucial role in determining UAE petrol prices. Fluctuations in crude oil prices, driven by supply and demand, geopolitical tensions, and economic policies, directly impact local fuel rates.
For instance, US sanctions on Russia and trade tensions with China have caused significant volatility in global oil prices.
Geopolitical Events
Geopolitical events, such as conflicts in oil-producing regions and international sanctions, can lead to sudden changes in oil supply and prices.
The ongoing tensions between major oil producers and consumer nations often result in price spikes or drops, influencing the UAE petrol price next month.
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6. Future Predictions for UAE Peetrol Prices
The UAE petrol price prediction for February 2025 will likely reflect ongoing trends in global crude oil markets.
With steady rates in January 2025 and lower annual averages, motorists in the UAE continue to benefit from reduced costs at the pump.
Anticipated Trends
Given the current market dynamics, it is anticipated that petrol prices in the UAE will remain stable or potentially decrease in February 2025.
The UAE fuel price committee will consider global oil prices, geopolitical events, and economic policies when setting the new rates.
Potential Impact of OPEC+ Meeting
The upcoming OPEC+ meeting on February 3, 2025, will be closely watched by market analysts. Any decisions made during this meeting could influence global oil prices and, consequently, the UAE petrol price next month.
If OPEC+ decides to increase production, it could lead to a decrease in petrol prices.
Market Volatility
Market volatility is expected to continue as global economic conditions remain uncertain. Factors such as trade tensions, geopolitical events, and economic policies will contribute to fluctuations in oil prices.
The UAE petrol price prediction for February 2025 will need to account for these uncertainties.
7. Looking Ahead to February 2025
As we look ahead to February 2025, the UAE petrol price prediction remains a topic of interest for motorists and businesses alike.
The stability in January 2025 prices has provided some relief, but the upcoming announcement will be crucial in determining future trends.
Stability in January 2025 Prices
The stability in petrol prices during January 2025 has been a welcome relief for motorists.
With prices remaining unchanged from December 2024, consumers have enjoyed lower costs at the pump. This stability is expected to continue into February 2025, barring any significant changes in global oil markets.
Upcoming Announcement
The UAE fuel price committee is set to announce the new petrol prices for February 2025 on the last day of January.
This announcement will be closely watched by consumers and businesses, as it will provide insights into future price trends. The committee's decision will be influenced by global oil prices, geopolitical events, and economic policies.
Conclusion
The UAE petrol price prediction for February 2025 suggests potential stability or a slight decrease in prices.
With global oil markets remaining volatile, the UAE fuel price committee will need to carefully consider various factors when setting the new rates.
Motorists can look forward to the upcoming announcement, which will provide clarity on future petrol prices in the UAE.
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FAQs on UAE Petrol Price Prediction for February 2025
What is the petrol special price in Dubai today?
The special price for petrol in Dubai today is AED 2.50 per litre for Special 95. This price has remained stable since January 2025, providing motorists with consistent fuel costs.
How much does 1 litre of petrol cost in Dubai?
As of January 2025, the cost of 1 litre of petrol in Dubai is as follows:
Super 98: AED 2.61
Special 95: AED 2.50
E-Plus 91: AED 2.43
Diesel: AED 2.68
What is the price of petrol in UAE in March 2024?
In March 2024, the petrol prices in the UAE were:
Super 98: AED 3.03 per litre
Special 95: AED 2.92 per litre
E-Plus 91: AED 2.85 per litre
How much is 1 litre of petrol in Dubai?
As of January 2025, the prices for 1 litre of petrol in Dubai are:
Super 98: AED 2.61
Special 95: AED 2.50
E-Plus 91: AED 2.43
Diesel: AED 2.68
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Is fuel cheaper in Dubai or Abu Dhabi?
Fuel prices are the same across all emirates in the UAE, including Dubai and Abu Dhabi. As of January 2025, the prices are:
Super 98: AED 2.61 per litre
Special 95: AED 2.50 per litre
E-Plus 91: AED 2.43 per litre
Diesel: AED 2.68 per litre
What is the price of fuel in UAE April 2024?
In April 2024, the fuel prices in the UAE were:
Super 98: AED 3.15 per litre
Special 95: AED 3.03 per litre
E-Plus 91: AED 2.96 per litre
Diesel: AED 3.09 per litre
In which country is petrol the cheapest?
Here are some countries with the cheapest petrol prices globally:
Venezuela: USD 0.004 per litre
Iran: USD 0.05 per litre
Libya: USD 0.11 per litre
Angola: USD 0.12 per litre
Algeria: USD 0.13 per litre
Kuwait: USD 0.34 per litre
Egypt: USD 0.35 per litre
Turkmenistan: USD 0.43 per litre
What will be petrol price in Pakistan in 2024?
In Pakistan, the petrol prices for 2024 were as follows:
January 2024: Rs. 252.10 per litre
December 2024: Rs. 258.43 per litre
Throughout the year, prices fluctuated due to various economic factors, but they remained relatively high compared to the UAE.
What is the price of diesel in UAE?
As of January 2025, the price of diesel in the UAE is AED 2.68 per litre. This price has remained stable since December 2024, providing consistency for commercial and personal vehicle owners.
Which petrol is best in the UAE?
In the UAE, Super 98 is considered the best petrol option due to its high octane rating of 98. This premium fuel is ideal for high-performance vehicles, ensuring optimal engine performance and longevity.
Is water costly in Dubai?
In Dubai, the cost of water is approximately AED 3 per litre for bottled water. However, purchasing larger bottles, such as 5 litres, can be more cost-effective. This travel hack helps save money while ensuring you stay hydrated throughout the day.
What country has the cheapest gas?
The countries with the cheapest gas prices are:
Iran: USD 0.03 per litre
Venezuela: USD 0.04 per litre
Angola: USD 0.33 per litre
Algeria: USD 0.34 per litre
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Which city is cheaper in UAE?
In the UAE, Al Rigga and Deira in Dubai are known for their affordable living costs. These areas offer budget-friendly accommodation options while being close to the city's amenities and attractions.
Where is highest petrol price in world?
As of April 2023, Hong Kong had the highest petrol price in the world, with an average price of USD 2.96 per litre. This high cost is due to various factors, including taxes and import costs.
How much is 1 litre of petrol in Saudi Arabia?
In Saudi Arabia, the prices for 1 litre of petrol as of January 2025 are:
LPG: SAR 1.040
Gasoline 95: SAR 2.330
Diesel: SAR 1.660
Disclaimer: The information provided in this article is intended for general informational purposes only. The details mentioned are based on the best available information at the time of publication and are subject to change without notice by the respective authorities. Readers are encouraged to consult the relevant offices directly for the most accurate and updated information.
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