Fuel Price Follow-up Committee announces prices for February

ABU DHABI, 28th January, 2016 (WAM) — The Fuel Price Follow-up Committee, chaired by Dr. Matar Hamed Al Neyadi, Under-Secretary of the Ministry of Energy, today concluded its meeting at its headquarters in Abu Dhabi and announced fuel prices for February.

Diesel fuel prices for February will be AED1.37 per litre, and for gasoline products: Super (98 octane) AED1.58, Special (95 octane) AED1.47, and E Plus (91 octane) AED1.40 per litre.

Dr. Al Neyadi said, “The prices are based on the average global prices for diesel and gasoline for the current month with the addition of operating costs of distribution companies. The Fuel Price Committee will hold its next meeting on February 28th to agree on the prices for March.”