The UAE has increased its fuel prices for the month of June.
From today, June 1, Super 98 petrol will cost Dhs4.15 a litre, up 13.4 per cent from last month’s Dhs3.66 a litre.
Special 95 will cost Dhs4.03 per litre this month, a 13.52 per cent surge from last month’s price of Dhs3.55.
Meanwhile, the price of diesel has been raised 1.47 per cent from Dhs4.08 in May to Dhs4.14 per litre.
Price for E-Plus 91 has surged to Dhs3.96 in June from Dhs3.48 in May.
Crude has soared this year as the crisis in Europe tightened global supplies at a time of rising demand, depleting stockpiles and boosting product prices to all-time highs. Oil prices have also been lifted as US motorists kick off the nation’s busy summer-driving season just as authorities in China loosen anti-virus curbs that had hurt energy consumption.
With inputs from Bloomberg