The UAE revealed the fuel prices for December 2023 on Thursday. The Ministry of Energy sets these prices monthly based on the global oil average, incorporating distribution company costs, regardless of whether oil prices rise or fall.
The Fuel Prices Monitoring Committee has lowered the cost of gasoline by 7 to 8 fils per liter and diesel by 23 fils per liter for December. These new prices, effective from December 01, are a reduction compared to November 2023.