The Fuel Price Committee in the UAE has announced fuel prices for the month of September in the UAE. According to the announcement, fuel prices have been kept unchanged for the fifth consecutive month. This is a major development for motorists on a tight budget as fuel prices in the UAE have not increased since February 2020. Even in February, only the price of diesel was slightly increased while the petrol prices were kept unchanged.
Fuel prices in the UAE were set to move with the market after the liberalization strategy for fuel prices was implemented in the UAE five years ago. After the implementation of this strategy, any rise or fall in the price of Brent (Global Benchmark for Crude Oil) directly affects the fuel prices in the UAE. This is a major reason why fuel prices have been fluctuating in the country for the past five years. However, no massive fluctuation has been observed in the fuel prices since the start of 2020. Fuel prices have been kept unchanged since April 2020, primarily due to the declining crude oil prices across the globe.
The demand for fuel has dropped significantly due to COVID-19 pandemic that has caused travel restrictions worldwide. Crude oil prices dropped drastically after March 2020, which also resulted in a significant drop observed in the UAE’s fuel prices.
Fuel Prices for September 2020 in the UAE
Fuel prices for every coming month are announced by the Fuel Price Committee at the end of the preceding month. According to the latest announcement of Fuel Price Committee, fuel prices for September 2020 have been kept unchanged. This is the fifth instance in 2020 when prices have remained unchanged, much to the delight of motorists on a tight budget.
Given below are the fuel prices for the month of September in the UAE:
- The price of Super 98 has been fixed at AED 1.91/litre.
- The price of Special 95 has been fixed at AED 1.80/litre.
- The price of E-Plus 91 has been fixed at AED 1.72/litre.
- The price of Diesel has been fixed at AED 2.06/litre.
September fuel prices have been released by the UAE Fuel Price Committee.#ADNOCDistribution pic.twitter.com/lXBcOzRFMw
— ADNOC Distribution (@ADNOCdist) August 27, 2020
Tips to Reduce Fuel Cost in the UAE
Fuel prices have not fluctuated in the UAE during 2020 but motorists should be prepared to manage their fuel expense if fuel prices fluctuate in the coming months. There are several fuel-saving practices that can be followed to reduce fuel cost. The best way to reduce fuel cost in the UAE is by opting for public transport in place of private vehicles for daily commuting. The public transport infrastructure of the UAE is one of the finest in the region and it can be an excellent alternative to the use of private vehicles to keep the fuel expense in check.
Given below are some of the most important fuel-saving practices that motorists in the UAE can follow:
- Maintain your vehicle regularly according to car owner’s manual as it can help improve the fuel efficiency of a vehicle.
- Choose the right type of fuel according to your car owner’s manual.
- Avoid aggressive driving as it can have a bad impact on the fuel efficiency of a vehicle.
- Avoid frequent short trips and try to manage your daily errands in a single long trip.
- Do not modify the engine and other mechanical parts of your vehicle as it can cause a decrease in fuel efficiency of a vehicle.
On the other hand, you can find a long-term solution to your problems related to fluctuating fuel prices in the UAE by upgrading your combustion engine vehicle to an Electric Vehicle (EV). Electric vehicles generate power from electric batteries and do not need conventional fuel at all. These are considered zero emission vehicles, which is a major reason why the UAE government has also taken several initiatives to promote the use of EVs.
The EV owners and buyers can benefit from a comprehensive incentive programme that has been launched to facilitate the owners and buyers of electric vehicles. Upgrading to an EV can be an ideal choice for car owners in the UAE who are looking to get rid of their worries related to fluctuating fuel prices.
If you are planning to sell your combustion engine car to buy a fuel-efficient hybrid or EV, then don’t forget that with us, you can sell any used car in just 30 minutes while all the post-sale paperwork is handled by SellAnyCar.com’s team.
