{"id":6962,"date":"2019-02-06T13:44:49","date_gmt":"2019-02-06T13:44:49","guid":{"rendered":"http:\/\/65.1.85.58\/newsroom\/?p=6962"},"modified":"2020-09-02T10:34:05","modified_gmt":"2020-09-02T10:34:05","slug":"fuel-prices-decline-selling-car-uae","status":"publish","type":"post","link":"https:\/\/carswitch.com\/newsroom\/fuel-prices-decline-selling-car-uae\/","title":{"rendered":"Fuel Prices Decline for 4th Consecutive Month"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Fuel prices can make or break the decision of <\/span><a href=\"https:\/\/carswitch.com\/abudhabi\/used-car\/sell\"><span style=\"font-weight: 400;\">selling car in Abu Dhabi<\/span><\/a><span style=\"font-weight: 400;\">. CarSwitch.com brings you good news! As announced by the Fuel Price Committee UAE, prices of fuel have declined further for the fourth consecutive month.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-weight: 400;\">The reduction in prices is as follows: Super 98 is lower by 2.5% to AED 1.95 per liter from AED 2.00 per liter whereas Super 95 has gone down by 2.6% to AED 1.84 from AED 1.89 in January. Moreover, the price of diesel is cut by 0.86% to AED 2.28 from AED 2.30 last month. Most importantly, these prices include VAT.<\/span><\/p>\n<p><a href=\"http:\/\/65.1.85.58\/newsroom\/low-fuel-prices-december-uae\"><span style=\"font-weight: 400;\">Fuel prices since the end of last year<\/span><\/a><span style=\"font-weight: 400;\">&nbsp;have been on a constant decline. As of August 2015, the removal of subsidies and deregulation of fuel prices by UAE\u2019s Ministry of Energy has aligned the UAE fuel prices with global oil rates. Hence, the plunge in the international oil rate has led to a decrease in fuel prices in the UAE.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Price of Brent Crude is now at $61.5 which is higher than its price around the start of the year. But overall, it went down from $85 per barrel and its price right now is still much lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to a commodity analyst at ENBD, the production cuts by Opec might lead to <\/span><a href=\"http:\/\/65.1.85.58\/newsroom\/monthly-fluctuations-uae-car-fuel-prices\/\"><span style=\"font-weight: 400;\">fluctuating fuel prices<\/span><\/a><span style=\"font-weight: 400;\"> in the future. Decrease of 812,000 barrels a day by Opec will lead to tighter crude markets. Although, Saudi Arabia will still be staying put to its supply.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though, oil market seems to be becoming volatile, the decision of <\/span><a href=\"https:\/\/carswitch.com\/abudhabi\/used-car\/sell\"><span style=\"font-weight: 400;\">selling car in Abu Dhabi<\/span><\/a><span style=\"font-weight: 400;\"> due to high fuel prices can be put to rest for now.<\/span> Unless of course, you are looking to upgrade to your current ride. In case you are, <a href=\"https:\/\/carswitch.com\"><span style=\"font-weight: 400;\">CarSwitch.com<\/span><\/a><span style=\"font-weight: 400;\"> is here to provide you with hassle free buying and selling services.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fuel prices can make or break the decision of selling car in Abu Dhabi. CarSwitch.com brings you good news! As announced by the Fuel Price Committee UAE, prices of fuel have declined further for the fourth consecutive month.<\/p>\n","protected":false},"author":12,"featured_media":6963,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"selling car","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"Fuel prices can make or break the decision of selling car in Abu Dhabi. As announced by UAE Fuel Price Committee, fuel prices declined further in February!","footnotes":""},"categories":[32,4],"tags":[43,303,207,40],"class_list":["post-6962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-car-news","category-home","tag-car-fuel-prices","tag-selling-car","tag-uae-fuel-prices","tag-used-cars-for-sale"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fuel Prices Decline for 4th Consecutive Month | CarSwitch<\/title>\n<meta name=\"description\" content=\"Fuel prices can make or break the decision of selling car in Abu Dhabi. 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