UAE Fuel Price Update: October 2023 Petrol and Diesel Prices Increase

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre in October

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UAE announces petrol, diesel prices for October 2023

The UAE’s fuel price committee has recently announced an update on the retail rates for petrol and diesel for the month of October 2023. The prices for Super 98, Special 95, and E-Plus 91 have all seen an increase of up to 3 fils per litre. This news is significant for motorists and businesses alike, as they now have a clearer picture of what to expect at the pump in the coming month.

Prices on the rise

As we enter October, motorists in the UAE will be facing slightly higher petrol and diesel prices. The fuel price committee has decided to increase the rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre. This adjustment reflects the global market trends and the fluctuating cost of oil. While this may be a small increase, it’s still important for drivers to plan accordingly and adjust their budgets to accommodate the change.

Impact on businesses

The rise in petrol and diesel prices can have a significant impact on businesses, especially those that heavily rely on transportation. From delivery services to logistics companies, the increase in fuel costs can lead to higher operational expenses. These businesses will need to carefully assess their budgets and explore ways to mitigate the impact. This could include optimizing fuel consumption, exploring alternative energy sources, or even reevaluating delivery routes to minimize fuel usage.

Planning ahead

With the announcement of petrol and diesel prices for October 2023, motorists and businesses in the UAE should start planning ahead. This includes considering the impact on their budgets, finding ways to optimize fuel consumption, and exploring alternative solutions wherever possible. By staying proactive and being prepared, individuals and businesses can navigate the changes in fuel prices more effectively. It’s also important to keep an eye on future announcements by the fuel price committee to ensure that you stay updated on any further changes.

References:
– Gulf Business (www.gulfbusiness.com)

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