Petrol prices in UAE reached the lowest level
According to details, the price of petrol in the United Arab Emirates reached the lowest level in 11 months.
According to foreign media, the United Arab Emirates announced new prices of petroleum products for next month in December last month.
UAE officials announced a new price of petrol on December 30, in which Super 98 petrol was reduced from 3.30 dirhams per liter to 2.78 dirhams per liter, while the price of super 95 petrol also reached 3.18 dirhams from 2.67 dirhams per liter.
According to media reports, the United Arab Emirates government deregulated petrol prices in August 2015, and it was linked to global oil prices, after which a committee was formed to determine the oil prices on a monthly basis.