Historical Petrol Prices in UAE
2023 Petrol Price Chart
No Data Found
Monthly Overview of Fluctuating Petrol Prices in Dubai: March to November 2023.
In Dubai, price fluctuations also affect essential commodities such as petrol, despite it being a global hub for commerce and luxury. Over the past six months, from March to August 2023, the UAE has experienced a roller coaster ride of fluctuating petrol prices. Let’s explore the monthly fluctuations in petrol prices across various grades in the petrol stations and analyze their impact on consumers and the economy.
March 2023: The Rising Start
At the onset of March 2023, the petrol prices in Dubai were as follows:
Super 98: 3.09 AED per liter
Special 95: 2.97 AED per liter
EPlus 91: 2.9 AED per liter
Diesel: 3.14 AED per liter
As spring blossomed, fuel prices in Dubai began on an upward trajectory. This increase was attributed to global market dynamics, geopolitical factors, and shifts in demand and supply.
April 2023: A Slight Dip
In April 2023, Dubai witnessed a slight retreat in petrol prices:
Super 98: 3.01 AED per liter
Special 95: 2.9 AED per liter
EPlus 91: 2.82 AED per liter
Diesel: 3.03 AED per liter
The dip in prices could be attributed to stabilizing global oil prices and adjustments in production outputs among oil-producing nations.
May 2023: Volatility Persists
As May arrived, petrol prices once again experienced some volatility:
Super 98: 3.16 AED per liter
Special 95: 3.05 AED per liter
EPlus 91: 2.97 AED per liter
Diesel: 2.91 AED per liter
Geopolitical tensions and supply disruptions partly influenced the fluctuations in certain regions.
June 2023: Gradual Descent
June 2023 saw a gradual descent in petrol prices, offering some relief to consumers:
Super 98: 2.95 AED per liter
Special 95: 2.84 AED per liter
EPlus 91: 2.76 AED per liter
Diesel: 2.68 AED per liter
This decline was attributed to increased production by major oil-producing nations and a steadying of market conditions.
July 2023: Summer Stability
Summer arrived with relatively stable petrol prices:
Super 98: 3 AED per liter
Special 95: 2.89 AED per liter
EPlus 91: 2.81 AED per liter
Diesel: 2.76 AED per liter
The global energy landscape was crucial in maintaining stability in Dubai’s petrol prices during this period.
August 2023: Mainataining stability
As of August 2023, the petrol prices in Dubai stood at:
Super 98: 3.14 AED per liter
Special 95: 3.02 AED per liter
EPlus 91: 2.95 AED per liter
Diesel: 2.95 AED per liter
The ongoing interplay of geopolitical events, economic trends, and supply-demand dynamics continues to shape these prices.
September 2023: Sudden Hike
As of September 2023, the petrol prices in Dubai stood at:
Super 98: 3.24 AED per liter
Special 95: 3.31 AED per liter
EPlus 91: 3.23 AED per liter
Diesel: 3.4 AED per liter
Sudden growth in supply-demand dynamics continues to increase in the petrol price in UAE.
October 2023: Slight Increase
As of October 2023, the petrol prices in Dubai stood at:
Super 98: 3.26 AED per liter
Special 95: 3.33 AED per liter
EPlus 91: 3.44 AED per liter
Diesel: 3.57 AED per liter
November 2023: Sudden Decrease
As of November 2023, the petrol prices in Dubai stood at:
Super 98: 2.85 AED per liter
Special 95: 2.92 AED per liter
EPlus 91: 3.03 AED per liter
Diesel: 3.42 AED per liter
Sudden downfall in supply-demand dynamics decrease the gas prices in UAE. The petrol price goes to all time low of the year, making it more economical for the residents of UAE.
Dubai has proven its resilience in managing fluctuations in petrol prices over the past six months, as shown in the price graph. The emirate’s economy is dependent on global energy markets. Consumers have been affected by these market dynamics at the fuel pump. Dubai is expected to face and adapt to these changes over the coming months, prioritizing the harmonious combination of economic progress and accessibility for consumers.
Also, Do Check out our guide for finding petrol stations near you in Dubai, UAE.