The fuel price committee has announced the UAE fuel prices for February 2021, making no changes in petrol charges for the next month. However, we will see a slight decrease in the price of diesel.
While the oil prices have been fluctuating across the world since the onset of coronavirus, these remained unchanged in the UAE from the last 10 months.
The UAE fuel prices for February 2021 are:
- Super 98: Dh1.91
- Special 95: Dh1.80
- E-Plus: Dh1.72
- Diesel: Dh2.01
Monthly fuel Prices Announcement: February fuel prices released by the #UAE Fuel Price Follow-up Committee. pic.twitter.com/KXaQb0fiIj
— Emarat (امارات) (@EmaratOfficial) January 29, 2021
Currently, the oil prices in the international market are consistent as Europe plans to resume most of its economic activities. However, the new strain of Coronavirus and fresh lockdowns raises concerns for the revival of fuel demand.
West Texas Intermediate futures sell over $52 a barrel while Brent for March settlement gained 19 cents to $55.72 on the ICE Futures Europe exchange.
Source and Image: KhaleejTimes