Fuel prices stable for fourth month in a row - GulfToday

Fuel prices stable for fourth month in a row

Fuel-July

A graphic illustration shows the fuel prices for July.

Gulf Today, Staff Reporter

Fuel prices tend to maintain their stability for the fourth month in a row, according to the Fuel Price Follow-up Committee.

The price of Super 98 will be Dhs1.91 per litre, while the prices of Special 95 will be Dhs1.8 per litre, E-Plus 91 at Dhs1.72 per litre and Diesel at Dhs2.06 per litre as of the beginning of July 2020.

Meanwhile, the price of Opec basket of thirteen crudes stood at $37.33 a barrel on Monday, 29th June, 2020, compared with $37.99 the previous Friday, according to Opec Secretariat calculations.

The Opec Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE) and Merey (Venezuela).

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