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UAE: Will Iran-Israel battle trigger petrol costs to rise in May? – News


Petrol costs within the UAE rose by 12 fils per liter in April after international common costs rose by $3 per barrel in March.

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Published: Monday, April 29, 2024, 6:00 a.m.

The UAE is predicted to announce petrol costs for May 2024 on Tuesday to convey them in step with international charges.

Domestic gasoline costs are prone to rise subsequent month after the escalating army battle between Iran and Israel in April pushed up international oil costs, pushing Brent crude above $90 a barrel.

The worth hovered round $90 till mid-April, however plummeted to $86 within the third week of April. But final weekend, the worth rose once more to $89.5.

Gasoline costs in April 2024 elevated by a median of $4.53 per barrel in comparison with the earlier month. Brent averaged $88.79 per barrel in April, in comparison with $84.26 per barrel in March.

Petrol costs within the UAE elevated for the third consecutive month in April, with costs for Super 98, Special 95 and E+ 91 reaching Dh3.15, Dh3.03 and Dh2.96 per liter, respectively.

Transport corporations and drivers who drive regularly because of the nature of their work count on worth changes within the UAE.

The UAE common worth of AED 3.03 is cheaper than the world common of AED 4.93 per liter.

Monthly Super 98 Special 95E-Plus 911 Month 20232.782.672.592 Month 3.052.932.863 Month 3.09 2.972.904 Month 3.012.902.825 Month 3.163.052.976 Month 2.952.842.767 Month 3.002.892.818 Month 3. 143. 022.95September 3.423.313.23October 3.443.333.26November 3.032.922.85December 2.962.852.77January 20242.822.712.64February 2.882.762.69March 3.032.922.85April 3.153.0 32.96



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