When traveling to Dubai, using taxi, city bus and metro services not only costs a lot but also consumes your time. But by renting a car in Dubai, you can enjoy many advantages, including saving money and time, and not needing to be familiar with the public transportation system and road network. If you are looking to rent a car, the first question that comes to your mind is the price of gasoline in Dubai. To fill the car tank with special gasoline (octane 95), which has a capacity of about 50 liters, you have to pay about 142.5 dirhams (about 2,097,000 Tomans).

Fuel prices in Dubai and the United Arab Emirates are affected by global oil price changes and local fuel pricing committee decisions. In this article from the Palm Rent collection, the recent changes in the price of gasoline in Dubai and the factors affecting it are discussed.

Gasoline price changes in 2024

In 2024, the price of gasoline in Dubai was affected by various variables that include internal and external factors. These changes can be caused by fluctuations in the global price of oil, government policies in determining gasoline prices, and various economic effects. Considering the importance of Dubai as one of the leading cities in the oil industry and economy, each of these factors can affect the price of gasoline in this region.

Due to its dependence on oil resources and the need to maintain economic stability, the government of Dubai closely monitors gasoline prices. Therefore, careful adjustments in the form of pricing policies, inflation rate monitoring, and efforts to control the effects of global oil fluctuations can moderate gasoline price changes in Dubai.

Gasoline price in Dubai

In the past years, the display of gasoline prices in Dubai has shown that this rate is variable and depends on the type of gasoline used (such as Special, Super, E Plus, and Diesel), in different months and years. For example, in July 2024, the price of special gasoline (octane 95) is about 2.88 dirhams, super (octane 98) is about 2.99 dirhams, E Plus (octane 91) is about 2.8 dirhams, and diesel is about 2.89 dirhams per liter.

Types of gasoline in Dubai

After you know the price of gasoline in Dubai and its changes, you should understand the concept and different types of gasoline well. In this city, special with 95 octane, super with 98 octane, E-Plus with 91 octane and diesel are common types of gasoline, each of which has its own characteristics and uses. Special and super gasoline, as the two most widely used types, have a great impact on the performance of cars.

Choosing the right gasoline may seem easy, but accurate information about their differences is important. For example, the price of super gasoline with 98 octane is more expensive than special gasoline with 95 octane and it is more suitable for high performance cars.

E-Plus gasoline with octane 91 and diesel gasoline are mainly used in commercial vehicles such as trucks and buses. Therefore, if you rent a car in Dubai, it will be necessary to use super or special gasoline according to the type of your car.

The trend of price changes in recent months

In recent months, the gasoline market in Dubai has seen fluctuations due to changes in global oil prices and the decisions of the fuel pricing committee in the UAE. For example, in June 2024, gasoline prices in this city decreased compared to previous months, and this trend continued in July. This price reduction has happened due to the decrease in global oil prices and policies to control the production and export of fuel in the UAE. These fluctuations in gasoline prices have had a great impact on the transportation costs and lifestyle of the people of Dubai and show the importance of proper management of these resources.

Due to the continuous changes in the price of gasoline in Dubai, the impact of these fluctuations on the city's economy and the daily life of citizens is important. The decisions of the fuel pricing committee and the changes in the global oil market are the main factors for the changes in gasoline prices in Dubai, which must be carefully researched and managed. These trends indicate a direct relationship between the global economy and the consumption costs of the people of Dubai and will require accurate and continuous policies to regulate and control these prices.

Factors affecting the price of gasoline

Gasoline prices in Dubai are influenced by a complex combination of economic and political factors that directly and indirectly affect it. Changes in these factors can directly change the price of gasoline in Dubai, which is more important for consumers, businesses and the macro economy of the region.

Some of the factors affecting the price of gasoline in Dubai are:

• World oil price:

Oil, as one of the main sources of gasoline production, changes the final price of this product in the world. Any change in global oil prices, including oil demand and supply, production policies of OPEC member countries and other related factors can have an impact. An increase in global oil prices usually leads to an increase in gasoline prices in Dubai, because the cost of producing and importing gasoline increases.

• Decisions of the Fuel Pricing Committee:

The decisions of the fuel pricing committee, which includes decisions regarding the production, demand, and distribution of various fuels, also have an undeniable effect on prices. These decisions may include adjustments in the amount of oil production, the determination of oil production and export prices, and fuel distribution policies within the member countries of the committee.

• The economic situation:

Economic growth, the amount of people's income, and the demand for fuels are the most important economic factors that affect the price of gasoline. During periods of economic recession, it is possible to reduce the demand for gasoline and lower prices, while economic growth and increased d

The revenue may lead to an increase in the demand and price of gasoline.

The effects of gasoline prices on people's lives

The price of gasoline in Dubai has a wide impact on the daily life of the people of this city and region. As gasoline price increases lead to higher driving and transportation costs, this can lead to financial consequences for families and businesses. Also, an increase in the price of gasoline can lead to a decrease in the demand for gasoline consumption, followed by a decrease in the use of cars and more use of public transportation. This issue can also indirectly lead to an increase in the cost of food and other goods, as the costs of transportation generally increase. As a result, the price of gasoline in Dubai affects various aspects of people's lives, including economic, social and even environmental, and is of great importance in planning related policies.

Gasoline price forecast in Dubai in 2024

Due to the fluctuations in global oil prices and OPEC policies in production and export, it is predictable that the price of gasoline in Dubai will also change. Domestic factors such as government policies, inflation rate, and domestic demand and supply also affect the price of gasoline in this region.

Although sustained economic growth and strong consumer communities in Dubai may lead to a moderate and moderate increase in gasoline prices in 2024, still, given the government's strict policies and efforts to control inflation and maintain economic stability, price increases may occur in 2024. remain within predictable limits and do not lead to many changes in people's lifestyle and economic performance.

final word

In Dubai, gasoline consumption depends on the type of car and type of gasoline, and four main types of gasoline are used, including special (octane 95), super (octane 98), E-Plus (octane 91) and diesel. Each of these types of gasoline are designed for vehicles with different performance and needs.

The cost of gasoline in Dubai varies and is determined based on the type of gasoline. For example, luxury cars like Lamborghini Aventador have high gas consumption, while regular cars like Toyota Corolla have lower consumption.

Renting a car in Dubai is a cost-effective option to reduce transportation costs, and by having the right information about gas consumption and gas prices, you can make the most of these facilities.

Frequently Asked Questions
 

1. What are the names of the types of gasoline used in Dubai?
Special (octane 95), Super (octane 98), E-Plus (octane 91) and diesel.

2. Is it possible to pay for gasoline through a bank card in Dubai?
Yes, in Dubai it is possible to pay for gas through bank cards and mobile applications.

3. Does the price of gasoline in Dubai differ based on the size of the car?
No, the price of petrol in Dubai is determined by the type of petrol used and market conditions, not the size of the car.

4. Is it possible to use E85 gasoline in Dubai?
E85 gasoline is not widely accepted in Dubai, and most gas stations offer conventional types of gasoline.