UAE petrol prices will be deregulated from August 1
The UAE’s Ministry of Energy has announced that petrol and diesel prices will be deregulated from August 1, 2015. A new pricing system linked to global oil prices will be adopted.
The UAE’s Ministry of Energy has announced that petrol and diesel prices will be deregulated from August 1, 2015. A new pricing system linked to global oil prices will be adopted.
With rising costs of living, it is getting harder to save money nowadays. While petrol is relatively cheap in our region compared to the rest of the world, your daily drive to the office also happens to be one of the best ways you can save a bit of cash. Here are some tips on how to save petrol with some simple driving techniques.
Petrol-station chain ENOC said customers in Dubai will soon be able fill fuel on either side of the pumps in a bid to shorten queues.
From Sunday onwards, all petrol pumps in Dubai will allow the use of credit cards again after six years. However customers will have to pay an extra Dhs 2 if they want to use this option.
According to the Ministry of Economy in the UAE, once again motorists will be able to use their credit cards to pay for petrol. What’s more, an additional Dhs 2 will also be charged as commission every time the card is swiped for the transaction.
This may be old news for all those people suffering in Dubai and Sharjah, but there is yet another ongoing petrol shortage in these two cities, affecting residents for the past week, right in time for the summer.
There is an ongoing petrol shortage in Dubai since the beginning of this week. We first got wind of it when the BMW man came to pick up our 535i GT long-termer on Sunday the 17th, which was low on petrol. He headed to our local Emarat petrol station, where he was told they have no petrol, forcing him to look elsewhere.
Here is a scenario that happened to us just last week. We asked for a full tank of petrol at the station for our Chevrolet Cruze, which was already 60% full. The attendant put in the pump nozzle and left. The tank was then full and the nozzle “clicked” and stopped pumping at Dhs 39.40 only. So I pull out 40 bucks in cash, ready to hand it over. The attendant came over and started forcefully pumping more petrol into the tank, even as the nozzle clicked several times. This pushed up the bill to Dhs 42. The ironic bit is no one ever receives extra petrol after the first click.
While people in the UAE are still reeling from the last increase in petrol prices, a newspaper report says that petrol prices are set to increase again after Eid, as the country inches towards going with international market rates for something that is locally available in abundance.
After years of complaints by the monopoly petrol retailers in Dubai and the Northern Emirates, the UAE federal has decided to increase petrol prices in the UAE by 11%.