UAE fuel prices announced for January 2023

UAE: On December 30, the UAE fuel price committee announced petrol and diesel prices for January 2023.

Super 98 petrol will cost AED2.78 per litre beginning January 1, down from AED3.30 in December.

Special 95 gasoline will cost AED2.67 per litre, down from AED3.18 in December.

Petrol E-Plus 91 will cost AED2.59 per litre, down from AED3.11 per litre last month.

Diesel will cost AED3.29 per litre, down from AED3.74 in December.

UAE residents have enthusiastically greeted the massive cut in petrol prices for January 2023, with many calling it the “perfect New Year’s gift.”

Prices were reduced by more than 50 fils for gasoline and 45 fils for diesel on December 30.

The announced fuel price is the lowest since January 2022, when Super 98 petrol costs AED2.65, Special 95 petrol costs AED2.53, and E-plus petrol costs AED2.46.

About UAE

The United Arab Emirates is a federation of seven emirates along the eastern coast of the Arabian Peninsula. The largest of these emirates, Abu Dhabi (Abū Ẓaby), which comprises more than three-fourths of the federation’s total land area, is the centre of its oil industry and borders Saudi Arabia on the federation’s southern and eastern borders. The port city of Dubai, located at the base of the mountainous Musandam Peninsula, is the capital of the emirate of Dubai (Dubayy) and is one of the region’s most vital commercial and financial centres, housing hundreds of multinational corporations in a forest of skyscrapers. The smaller emirates of Sharjah (Al-Shāriqah), ʿAjman (ʿAjmān), Umm al-Quwain (Umm al-Qaywayn), and Ras al-Khaimah (Raʾs al-Khaymah) also occupy the peninsula, whose protrusion north toward Iran forms the Strait of Hormuz linking the Persian Gulf to the Gulf of Oman. The federation’s seventh member, Fujairah (Al-Fujayrah), faces the Gulf of Oman and is the only member of the union with no frontage along the Persian Gulf.

Historically the domain of individual Arab clans and families, the region now comprising the emirates also have been influenced by Persian culture owing to its close proximity to Iran, and its porous maritime borders have for centuries invited migrants and traders from elsewhere.
The emirates comprise a mixed environment of rocky desert, coastal plains and wetlands, and waterless mountains. The seashore is a haven for migratory waterfowl and draws birdwatchers from all over the world; the country’s unspoiled beaches and opulent resorts also have drawn international travellers. Standing at a historic and geographic crossroads and made up of diverse nationalities and ethnic groups, the United Arab Emirates presents a striking blend of ancient customs and modern technology, cosmopolitanism and insularity, and of wealth and want. The rapid pace of modernization of the emirates prompted travel writer Jonathan Raban to note of the capital: “The condition of Abu Dhabi was so evidently mint that it would not have been surprised to see adhering to the buildings bits of straw and polystyrene from the crates in which they had been packed.”